Face-amount certificate

Face-Amount Certificate
Financial & Investment Dictionary:
Face-Amount Certificate
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FACE-AMOUNT CERTIFICATE
A debt security issued by face amount. The holder makes payments periodically to the issues, ...

Face-amount certificate
Face-amount certificate company
Face value
Fair market price
Feasibility study
Federal covered securitiy
Federal funds
Federal Home Loan Mortgage Corporation (FHLMC or "Freddie Mac") ...

Face-Amount Certificate Company
A type of investment firm that issues debt securities to its investors. These securities are called face-amount certificates and are backed by security interest on assets such as real property or other securities.

FRN See: Floating-rate note FSC See: Foreign Sales Corporation FX Rate See:Foreign exchange rate Face-amount certificate A debt security issued by face amount.

face-amount certificate A debt security issued by a type of mutual fund called a face amount certificate... facilitation The creation of a market. In the case of securities, this function is performed by market makers.

See also: Saving, Expense, Compensation, Banks, Debt security