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.
bond-basics
Tender
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
Start with the Bond Basics
Hundreds of Terms and Concepts
Arbitrage
Profit from differences in markets. All tax-advantaged bonds are subject in one way or another to the arbitrage requirements, which are contained in Section 148 of the Code and the Treasury Regulations that go along with it.