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face-amount certificate

   Also found in: Acronyms 0.10 sec.
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.
face-amount certificate
Debt issued by a face amount certificate company obligating the issuer to redeem the certificate at face value at maturity. The buyer makes installment payments that earn interest over the life of 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.
Atlantic Capital Funding Changes Name to SBM Mortgage Corporation; ... by Business Wire
SBM's Investment Products division is engaged in face-amount certificate operations through SBM Certificate Company and SBM Investment Certificates, Inc.
SBM Capital Management Announces Strategic Alliance with Brown ... by Business Wire
SBM's Investment Products division is engaged in face-amount certificate operations through SBM Certificate Company.
Company Profile for SBM Financial Group by Business Wire
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