Evidence of the borrowing by an Issuer and a debt instrument for tax purposes. Each Bond is an agreement on the part of an Issuer to repay the Principal of the Bond in certain amounts and at a specified time or times and to pay Interest from the Dated Date of the Bond to the day it Matures or is redeemed.

All the Bonds

Learn more about the various types of municipal obligations you may encounter.

See Also


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

Hundreds of Terms and Concepts

Senior Lien Bonds

Bonds having a priority claim on one or more security interests relative to the claim against such security interests by the holders of other bonds.