bond power

Bond power

A form used in the transfer of registered bonds from one owner to a different owner.

Bond Power

A form used to transfer a bond from a seller to a buyer without endorsing the bond certificate. See also: Stock power.

bond power

A form, separate from a bond certificate, that permits the owner of the bond to transfer ownership to another investor without endorsing the bond certificate. Compare stock power.
References in periodicals archive ?
The dark-haired hunk, who was paid pounds 15,000 to stunt for Brosnan during the opening scenes of the latest 007 blockbuster Tomorrow Never Dies, had his first experience of Bond power when he joined the Mile High Club.
The delivery of all certificates and bond powers executed in bank representing or evidencing the Investment Grade Collateral Bonds shall be delivered to Citadel, held by Citadel and then pledged by Citadel to the Lender in connection with the Loans and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in bank, all in form and substance satisfactory to Citadel.
The federal approval of bank entry into the municipal market, which NLC has advocated for over 25 years, should permits Zions, along with other banks, which are likely now to apply for and receive revenue bond powers, to compete with local securities firms for municipal revenue bond business.