Moral Obligation Debt

0.01 sec.

A municipal bond or another government bond that is not secured by the full faith and credit of the issuer. Unlike general obligation bonds, which are secured in this way, moral obligation bonds carry higher risk and, therefore, a higher yield. However, because they are still government bonds, their interest is usually deductible from federal income taxes.

moral obligation debt

Government or municipal debt that carries an implied pledge of support but that is not explicitly guaranteed by the full faith and credit of the guarantor organization. Moral obligation debt is generally issued in order to circumvent legal restrictions on borrowing. The securities are rated lower and carry higher yields than general obligation bonds of the same issuer.

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	?		Financial browser	?		Full browser	?
Moral Obligation Bond			Monte Carlo Simulation Montenegrin Perper Montenegrin Perun Month Order month-to-month tenancy Monthly Debt Service Monthly Housing Expense Monthly Income Preferred Securities Monthly Income Preferred Security Monthly Investment Plan Monthly Payment Monthly Total Expense Monthly-Income Debt Securities Montreal Exchange/Bourse de Montreal Montreal Stock Exchange monument Moody's Bond Survey Moody's Investment Grade Moody's Investors Service Moody's Investors Service, Inc. Moore's Law MOP Mora morosidad Moral Hazard Moral Obligation Bond Moral Obligation Debt Moral Suasion moral turpitude moratorium Morbidity Table Mordida More flexible exchange rate system more or less Morgan Stanley Capital International Morgan Stanley Capital International Emerging Markets Global Index Morgan Stanley Capital International Europe Index Morgan Stanley Capital International Europe, Australia, Far East Index Morgan Stanley Capital International Index Morgan Stanley Capital International Indexes Morgan Stanley Capital International Pacific Free Index Morgan Stanley Capital International World Index Morgan Stanley REIT Index Morning Drive Morningstar Rating System Morningstar Risk Rating Morningstar, Inc. Moroccan Dirham Morosidad Moroso atrasado Mortality and Expense Risk Charge Mortality Assumption			Moral Law Moral Law Moral Law Moral Law Moral Law moral laws moral laws moral laws moral laws moral laws Moral liability Moral liability Moral liability Moral liability Moral liability Moral liberty moral majorities moral majorities Moral Majority Moral Majority Moral Majority moral masochism moral masochism moral necessity Moral nihilism moral obligation moral obligation moral obligation Moral obligation bond Moral Obligation Bonds Moral Obligation Debt Moral Obligation Debts Moral of the Story Moral philosopher Moral philosopher Moral philosopher Moral philosopher Moral philosopher Moral philosophers Moral philosophers Moral philosophers Moral philosophers Moral philosophers moral philosophy moral philosophy moral philosophy moral philosophy moral philosophy Moral play moral practice moral principle moral principle moral principle moral principle Moral psychology moral qualities Moral questions Moral questions Moral questions Moral questions Moral questions

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

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.