Act of God Bond

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Act of God Bond

A high yield debt security backed by insurance premiums. Insurance companies issue act of God bonds in order to raise funds for hypothetical insurance payouts resulting from one or more stated events, such as floods or fires. The bondholder receives coupons from what the insurance company collects in premiums. However, if the insurance company suffers a loss from a payout of one of stated events, the obligation to repay the bond is either relaxed for forgiven. The main advantage to an act of God bond, despite the stated risk, is the fact that it offers a high yield without much regard for the performance of the broader economy because people as institutions will almost always set money aside for insurance premiums.

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Act of God force majeure Force Majeure Risk			acquisition, development, and construction loan Acquisito Acquisti con margine Acquit Acquittance Acquittement acre acre-foot Acreage Report acreage zoning Acreedor Acreedor disidente Acreedor hipotecario Acreedor privilegiado Acreedor quirografario Acrobat Acronym Across the Board Across the Board Tariff Reduction Across-the-Board Across-the-Board Movement ACRS ACT Act of Bankruptcy Act of God Act of God Bond Act of State Doctrine Acta constitutiva Acta de fusion Acta de liquidacion Actif compromise Actifs devalues Actifs incorporels Acting in Concert Action Action Device Action Ex Contractu Action Program action to quiet title Actionnaire Actions Ex Delicto Activation Fee Active Active Account Active Bond Active Bond Crowd Active Box Active Buyer Active Corps of Executives Active Fund Management Active Income			Act of Contrition Act of Contrition act of copying act of coupling act of crumbling act of despising act of dissembling act of driving out act of dwelling together act of dwindling act of embracing act of encircling Act of Enclosure act of encompassing act of engrossing act of facing Act of Faith act of falling away act of ferocity act of forestalling act of forsaking Act of Free Choice act of generosity act of giving one’s word act of God act of God act of God act of God act of God Act of God Bond Act of God Bonds Act of grace Act of grace act of hampering act of hardening act of holding harmless act of hostility Act of Indemnity Act of Indemnity act of inhumanity Act of insolvency act of joining act of judgment act of keeping in act of killing act of lawbreaking act of loathing act of looking backward act of losing ground Act of man act of maneuvering act of mercy act of mercy Act of Navigation Act of Navigation act of oath-breaking act of pairing Act of Parliament Act of Parliament Act of Parliament

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