bond certificate

1 definition found

bond certificate - WordNet (r) 2.1 (2005) :

  bond certificate
      n 1: a certificate of debt (usually interest-bearing or
           discounted) that is issued by a government or corporation
           in order to raise money; the issuer is required to pay a
           fixed sum annually until maturity and then a fixed sum to
           repay the principal [syn: bond, bond certificate]