Put Bond
A bond that gives the bondholder the right to sell, or put, the bond to the issuer or some other party, often a remarketing agent, under specific conditions.
An offer by a bondholder to sell Bonds to the Issuer at a stated price, often in response to the Issuer’s solicitation of, or request for, Tenders.
See Also
A bond that gives the bondholder the right to sell, or put, the bond to the issuer or some other party, often a remarketing agent, under specific conditions.

A bond issued by a state, certain agencies or authorities or political subdivisions to make or purchase loans with respect to single-family or multifamily residences.