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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Marketing, Developing Self Liquidating Products and Services, Using Marketing Strategies and Automation, Strategies to increase Cash Flow and Profits, and Operate the Business to have High Performance and Efficiency.
* $4,000,000 at 4.25% for a 15-year self liquidating loan on a portfolio of five multifamily residential buildings containing a total of 51 apartments and one office, located throughout Park Slope.
With additional funding for the DBFOT projects in next year, CRISIL expects gearing to increase, however partially mitigated with no long term debt in the firm as on date and self liquidating nature of the additional debt due to annuity payments from the government.
After discussing the pros and cons of debt finance capacity of the government, the authors recommend that commercially viable (self liquidating) capital expenditures be partially funded through debt and the rest be financed from operational budgets.
Modaraba companies will undertake commercial funding on short term and self liquidating basis.
Despite the increasingly competitive and challenging operating environment, the bank sustained its leading position in its niche market - self liquidating trade finance - while ensuring fee-based income supplemented profitability.
This enabled our client to take advantage of this low rate environment and lock in a great self liquidating rate for the long term." Scott added: "Several of our exclusive correspondents have reentered the market with aggressive rates on office, retail, industrial and multifamily properties".
The loan featured a rate of 6.51% and a 30 year, self liquidating, term.
This is a self liquidating fixed rate loan for a 25 year term.
He first secured these buildings with self liquidating mortgages, and often spoke of how much pride he felt each time he brought the balance of each properties mortgage down to zero and the building became what he referred to as "depression proof." Throughout the later part of his career he still visited these buildings on a weekly basis, and often when long term tenants moved out, to assess remodeling needs.
The loan featured a 7.25% rate on a 25-year self liquidating mortgage;
The 15 year fixed rate self liquidating loan closed at a rate of 6.25% fixed for the term.