What BOND means: A note obliging a corporation or governmental unit to repay, on a specified date, money loaned to it by the bondholder. The holder receives interest for the life of the bond. If a bond is backed by collateral, it is called a mortgage bond. If it is backed only by the good faith and credit rating of the issuing company, it is called a debenture.
- Definition Bequest:
- Dictionary A gift by will of personal property bond definition.
- Definition Bankruptcy:
- Dictionary For tax purposes, a formal petition filed in a Bankruptcy Court under Chapter 7, 11, 12, or 13 of Title 11 of the U.S. Code bond explain.
- Definition Basis:
- Dictionary to an asset from which gain or loss is determined for income tax purposes when the asset is sold. For assets acquired by purchase, basis is cost. Special rules govern the basis of property received bond what is.
- Definition Bad Debts:
- Dictionary receivable that have been included in income in a prior year that are uncollectible, legally binding debts owed to the taxpayer that are totally worthless and uncollectible, and debts the taxpayer bond meaning.
How works Bond meaning in Tax definitions B .