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face-amount certificate |
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Face-amount certificate A debt security issued by face amount. The holder makes payments periodically to the issues, and the issuer promises to pay the purchaser the face value at maturity or the surrendered value if the security is presented by the maturity specified in the certificate.
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| SBM's Investment Products division is engaged in face-amount certificate operations through SBM Certificate Company and SBM Investment Certificates, Inc. SBM's Investment Products division is engaged in face-amount certificate operations through SBM Certificate Company and SBM Investment Certificates, Inc. SBM's Investment Products division is engaged in face-amount certificate operations through SBM Certificate Company. |
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