Self-Liquidating Bond

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Related to self-liquidating: Self-Liquidating Loans

Self-Liquidating Bond

A bond used to finance the purchase of assets intended to be sold within a short period of time. For example, a company may issue a self-liquidating bond to pay for its inventory, which it intends to quickly sell. It is called a self-liquidating bond because the proceeds from the sale of the assets provide the capital with which the issuer may repay the bond.
References in periodicals archive ?
While the types of self-liquidating financial assets enumerated in the act are not unexpected--collateralized mortgage obligations and debt obligations--a life settlement policy likely falls within the broad definition of self-liquidating financial asset.
I would advocate making the Cup more expensive for the retailer, with the value of the award recognized in its price, and the cost of control being self-liquidating.
We already do a number of self-liquidating offers on-pack, but the market is segmented and we have met those needs.
With self-liquidating premiums, customers are asked to pay a small amount for the item, typically just enough to cover the cost of the premium.
That doctrine held that if credit were issued only on the basis of short-term, self-liquidating paper associated with goods in commercial transactions, money and credit would expand and contract with the volume of goods produced.
Moreover, Afreximbank focuses on collateralised trade finance activities where the typical loans extended by the Bank are short term and self-liquidating with a short average maturity of 19 months as of end-2014, from 20 months in 2013.
Set in the agreement that the Armm government will place a self-liquidating fund of P1 million to be used for the medical expenses of the indigent patients admitted at the ZCMC that are from the BaSulTa areas.
We need to finish things off and then find ways to make it self-liquidating.
Interest expense declined to $865,626 for the quarter from $1,566,812 for the year ago quarter, a decrease of $701,186 primarily due to a decrease in accrued cash and non-cash interest charges related to the variable rate self-liquidating senior secured convertible debentures sold in January and August of 2007.
The self-liquidating nature of the business may also open other avenues, say vendors.
Thus, self-liquidating preferred is equity for which there is an excess of issue price over liquidation value (or redemption price) or that features a dividend rate that declines (or can reasonably be expected to decline, such as adjustable rate preferred) over the instrument's life.