Denomination
The incremental par amount established for a bond issue at which the bonds may be purchased.
The lowest denomination of Bond that can be purchased as authorized by the Bond documents. Typically, Bonds have a Minimum Denomination of $5,000, but some Issuers may impose a higher Minimum Denomination, most commonly in the amount of $100,000.
Learn about over various terms and concepts that may arise while preparing a bond issue.
The incremental par amount established for a bond issue at which the bonds may be purchased.
A remedy sometimes available under an Indenture, Bond Resolution or other financing document which permits the Trustee or bondholder to declare all future payments of Principal immediately due and payable after the occurrence of certain specified Events of Default.