bond-basics

Guarantor

The third party that executes a Guaranty.

See Also

Guaranty

A third party’s promise to pay the debt service on the bonds or perform some other obligation, which is the primary obligation of another party.

Hudson Yards Rail Yards

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Term of the Week

Securities Act of 1933

Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.