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Self-Liquidating Bond |
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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. 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. |
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