PREMIUM BOND Definition

Bookmark and Share

PREMIUM BOND is a bond selling above its par value or its value at maturity.

Learn new Accounting Terms

TAXABLE EQUIVALENT YIELD is the yield that must be received on a taxable security to provide the holder with the same after-tax return as that earned on a tax-exempt bond or preferred stock.

DEFERRED ANNUITY is an annuity in which the income payments/withdrawals begin at some future date

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.