Denomination
The incremental par amount established for a bond issue at which the bonds may be purchased.
The lowest denomination of Bond that can be purchased as authorized by the Bond documents. Typically, Bonds have a Minimum Denomination of $5,000, but some Issuers may impose a higher Minimum Denomination, most commonly in the amount of $100,000.
Learn about over various terms and concepts that may arise while preparing a bond issue.
The incremental par amount established for a bond issue at which the bonds may be purchased.

Bonds having a subordinate claim on one or more security interests relative to the claim against such security interests by the holders of other bonds, also known as “junior lien bonds.”