GOVERNMENT BOND - A debt obligation issued by the U.S. government.
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Government Bonds, to the Union Pacific Railroad and Central Pacific Railroad (later the Southern Pacific Railroad) companies in order to construct a transcontinental railroad. Sec.
A way to avoid probate for bank accounts, government bonds, individual retirement accounts and, in many states, securities or a car.
Definition
: a security (as a government bond) exempt from particular requirements of the Securities and Exchange Commission (as those relating to registration on a security exchange)
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Due to the fact that many business men preferred to borrow on their own notes collateralled by Government bonds in order to get the lower rates of interest made by the banks on such notes, ...
 See also: Law, State, Securities, Information, Way
  
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