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American Municipal Bond Assurance Corporation
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American Municipal Bond Assurance Corporation
AMBAC. A corporation which offers
Insurance
policies on new
Municipal bond
offerings. An
Offering
with such
Insurance
can command a higher price upon issue, depending on the extent to which the
Insurance
policy guarantees
Interest
and
Principal
r
Related Terms: 15
Guarantee
,
High
,
Insurance
,
Insurance policy
,
Interest
,
Inc.
,
Muni
,
Municipal bond
,
Offer
,
Offering
,
Policy
,
Principal
,
Ratio
,
Ring
,
Sue
Other Related Pages:
Category: Insurance
Starting With: A
Additional Related Terms:
52-week high
,
Asset/equity ratio
,
Accrual bond
,
Accrual of discount
,
Accrued interest
,
Accumulation bond
,
Agency bond
,
American Municipal Bond Assurance Corporation
,
Amortization of premium
,
Asked price