Noun1.Premium Bond- a government bond that bears no interest or capital gains but enters the holder into lotteries Britain,Great Britain,U.K.,UK,United Kingdom,United Kingdom of Great Britain and Northern Ireland- a monarchy in northwestern Europe occupying most of the British Isles; divided ...
premium bond :Definition, Usages, News and More premium bond na government bond that bears no interest or capital gains but enters the holder into lotteries Synonym(s) Premium Bond Bee Dictionary:Search, browse, look at common errors, idioms and more....
A premium bond is a bond trading above its face value, or in other words; it costs more than the face amount on the bond. A bond might trade at apremiumbecause its interest rate is higher than current rates in the market. These bonds are different from a type of lottery bond account ...
Related to Bond (finance):Premium bonds (Law)a debt contracted under the obligation of a bond. etc. See underBond,Book, etc. See also:Bond,Debt Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co. Want to thank TFD for its existence?Tell a friend about us,...
A bond quote is the price at which a bond is trading. It's typically expressed as a percentage of par value with the percentage converted to a point scale.
Bond Premiummeanswith respect toanyBond or Bondsthe premium which may be payablein connection witha mandatory or anoptional redemption. Sample 1Sample 2Sample 3 Examples ofBond Premiumin a sentence This FidelityBond PremiumSharing Agreement shall become effective as of September 1, 2013. ...
A premium bond sells at a higher price than the face value of the bond. The bond may be traded at a premium because of its higher interest rates than the existing market rates. Why are bonds sold at a discount? Bonds are sold at a discount because the demand for the bond is lowered...
Similar bonds trading on the market have higher yields, making the bond less valuable. If the yield to maturity is lower than the coupon rate, the bond trades at a premium, as an investor would be willing to pay more for thehigher coupon rate, which is higher than is what the market ...
The meaning of CALL is to speak in a loud distinct voice so as to be heard at a distance : shout. How to use call in a sentence. Synonym Discussion of Call.
Bond Costsshall have the meaning set forth in Section 5.22(d). Sample 1 Bond Costsmeansthe principalandredemption priceof,and interestand premium on, any Bonds, including any scheduled mandatory or cumulativesinking fund paymentsand anymandatory redemptionor principalprepayment amountsas provided in the...