Certificate of Participation

Financing in which an individual buys a Share of the Lease revenues of an agreement made by a municipal or governmental entity, rather than the bond being secured by those revenues.

Related Terms: 6 Buy, ECU, Lease, Muni, SEC, Share

Other Related Pages: Category: Bonds Starting With: C

Additional Related Terms: Accrual bond, Accrual of discount, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation, Amortization of premium, Assumed bond, At par, Authority bond, ABC agreement