Certificateless municipal bond

A Municipal bond which does not have a Certificate of ownership for each Bondholder. Instead, one Certificate is Valid for the whole issue, enabling investors to Trade the bonds without having to Transfer certificates.

Related Terms: 11 ACH, Bondholder, Certificate, FICA, Muni, Municipal bond, Own, Sue, Transfer, Trade, Valid

Other Related Pages: Category: Bonds Starting With: C

Additional Related Terms: Allowance for depreciation, ACH, Automatic Funds Transfer, Accrual bond, Accrual of discount, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation, Amortization of premium, Assumed bond