BOND PURCHASE AGREEMENT
Legally binding document setting the terms of a bond sale between a bond issuer and an underwriter. The information stated on an agreement include sale price, sale conditions, interest rate, maturity, redemption provisions, sinking fund provisions, and conditions that may cancel the contract. Usually done on new bonds, the issuer delivers these bonds to the underwriter and the latter pays the issuer for them. Then, the underwriter put these bonds on the market at the indicated price and yield while the investors acquire the instrument from the underwriter. The underwriter, upon collecting the proceeds, generates profit based on the spread or difference between the buying price and the selling price.
POPULAR TERMS
Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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Ethical Investing: Activism and Advocacy of Shareholders
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When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
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You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
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| Time | Country | Indices | Period |
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| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
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