bond-basics

Commission

A form of remuneration received by a broker, dealer or dealer bank purchasing or selling Bonds when acting as agent for a customer. The Commission is typically a charge to the customer of a set fee per Bond.


See Also

Underwriter

A securities broker or dealer that purchases bonds from an issuer and resells them to investors.

Hudson Yards Rail Yards

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Optional Redemption

A common form of redemption that gives the issuer the right to retire all or part of the bonds before their maturity dates.