bond-basics

Asset Backed Security (“ABS”)

A Security which has the Principal and Interest payable solely from a set of other Securities.

Dive Deeper on State Law Matters

Learn more about the various aspects of state laws and how they intersect with municipal securities.


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.

Hudson Yards Rail Yards

Start with the Bond Basics

Issuer’s Counsel

An attorney or firm of attorneys engaged to represent the Issuer to ensure proceedings have been conducted legally and that the issuer has the authority to execute the documents to which it is a party.