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
Borrower
The party, often called a conduit borrower or conduit obligor, borrowing bond proceeds from the issuer and, in such case, is responsible for making interest payments and repaying principal of the bonds as it becomes due.