bond-basics

Security Interest

A special legal interest in property, fixtures or revenues that exists by contract as Security for payment or performance of an obligation.


See Also

Security

Any note, stock, treasury stock, bond, debenture, evidence of indebtedness, certificate of interest or evidence of any participation in any profit-sharing agreement.

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Tender

An offer by a bondholder to sell bonds to the issuer at a stated price, often in response to the issuer’s solicitation of, or request for, tenders.