bond-basics

Security Interest

A special legal interest in property, fixtures or revenues that exists by contract as Security for payment or performance of an obligation.


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

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63-20 Corporation

A nonprofit public benefit corporation organized under state law that meets the requirements of Internal Revenue Service Revenue Ruling 63-20 to qualify as an Issuer of Tax-Exempt Bonds.