A bond discount may also be implemented as a means of raising operating capital or financial resources to meet an unanticipated expense. In situations of this nature, the bondholder may choose to sell off bonds as a discounted rate, ...
Others may be called under Release and Substitution clauses (which are designed to maintain the integrity of assets pledged as collateral for some bonds) and Eminent Domain clauses (which have to do with paying off bonds when a governmental body ...
 See also: Market, Issue, Rally, Rate, Yield
  
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