Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,324,949 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Bowie Bonds
(redirected from Pullman Bond)

   Also found in: Wikipedia 0.01 sec.
Bowie Bonds
An issue of bonds with a 10 year maturity collateralized by the royalties on all 25 albums David Bowie released before 1990. David Bowie issued the Bowie bonds in 1997 in order to raise the capital to buy the rights to a number of his songs owned by his former manager. In exchange, Bowie gave up the royalties to the songs he did own for a period of 10 years. Since 2007, Bowie has owned the royalties to all of his songs. Bowie bonds were one of the first bond issued collateralized by intellectual property, though several such bonds have been issued since.

Bowie Bonds
Debt securities collateralized by future earnings of singer David Bowie's song catalog. Issued in 1997, Bowie Bonds established a new category of securitized debt in which entertainers sold future royalties to investors. Similar bonds were subsequently created for the song catalogs of James Brown, the Isley Brothers, and the estate of Marvin Gaye.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
No references found
 
al is the latest in the multi-billion dollar case of The Pullman Group,(R) LLC, (Creator of all Pullman Bonds,(TM) including the Pullman Bonds (TM) for David Bowie, Motown Hit Machine Holland Dozier Holland, Ashford & Simpson, James Brown, and The Isley Brothers) versus Prudential Financial et al.
Yesterday in a newly released Supreme Court Appelate Division First Department decision in the multi-billion dollar case of The Pullman Group,(R) LLC, (Creator of all Pullman Bonds,(TM) including the Pullman Bonds (TM) for David Bowie, Motown Hit Machine Holland Dozier Holland, Ashford & Simpson, James Brown, and The Isley Brothers) beat Prudential Financial et al.
99/605210) of The Pullman Group,(R) LLC, (Creator of all Pullman Bonds,(TM) including the Pullman Bonds(TM) for David Bowie, Motown Hit Machine Holland Dozier Holland, Ashford & Simpson, James Brown, and The Isley Brothers.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.