collateral trust bond investment & finance definition
A long-term debt obligation with a claim against securities rather than against physical assets.
Collateral trust bonds
A corporation may deposit stocks, bonds and other securities with a trustee to back its bonds. The collateral must have a market value at the time of issuance at least equal to the value of the bonds.
Collateral Trust Bond
A debt instrument issued by one corporation and backed by the securities of another corporation.
Collateral Trust Bond
A corporate bond which is secured by securities deposited as collateral by the issuing corporation.
Commercial Paper ...
Collateral trust bonds: Bonds secured by securities of another corporation.
Collateral trust bonds
A bond in which the issuer (often a holding company) grants investors a lien on stocks, notes, bonds, or other financial asset as security. Compare mortgage bond.
Collateral trust bonds
Collateralized Bond Obligation (CBO)
Collateralized mortgage obligation (CMO)
Collection
Collection float
Collection fractions
Collection policy
Collection ratio
Collective wisdom
COLT (Continuous on-line trading system) ...
Compare subordinated debenture bond, mortgage bond, and collateral trust bonds. Debt instrumentAn asset requiring fixed dollar payments, such as a government or corporate bond. Debt marketThe market for trading debt instruments.
A bond in which the issuer has granted the bondholders a lien against the pledged assets. Collateral trust bonds.
Mortgage pass-through security ...
Debenture bond
An unsecured bond whose holder has the claim of a general creditor on all assets of the issuer not pledged specifically to secure other debt. Compare subordinated debenture bond and collateral trust bonds.
Collateral trust bonds. Mortgage pass-through security Also called a passthrough, a security created when one or more mortgage holders form a collection (pool) of mortgages and sell shares or participation certificates in the pool.
 See also: Order, Trust, Interest Rate, Bonds, Interest
|
