Sentences with phrase «bearer bond»

If you are the holder of bearer bonds, you may find that there are only a few banking agents still around that will cash your coupons, and you may have to send them to a processing center to get paid.

There are U.S. - issued bearer bonds still in circulation because of their long lifespan — up to 50 years — but, according to an article that appeared in The New York Times on February 13, 2006, by 2013 most of these bonds will have become extinct.

I'm aware of the risks to things like bearer bonds, but I think in my case the issue is moot.

Second, the anonymity of bearer bonds has proven attractive to money launderers.

There is the Treasury or Government bond, the Zero - coupon bonds, the Fixed rate bonds, the Floating rates notes, the High - yield bond, the Exchangeable bonds, the Convertible bonds, the Inflation - indexed bonds, the Subordinated bonds, the Covered bonds, the Perpetual bonds, the Bearer bonds, the Municipal bonds, the Revenue bonds, and the Social impact bonds amongst others.

Dr. Val Marinov's team has developed a method to embed ultra-thin, ultra-small RFID chips on paper or other flexible substrates, which could lead to ways to reduce counterfeiting of a wide variety of items such as pharmaceuticals, currency, legal papers, bearer bonds and other security documents.

Bearer bonds have «coupons» on them (usually one for every year of the bond's life) that you tear off to redeem your interest.

A bearer bond is simply a bond that is payable to whoever the «bearer» is.

We can not accept third - party checks, credit card convenience checks, bank account starter checks, cash or cash equivalents, including money orders, traveler's checks, cashier's checks or bearer bonds.

A 1982 U.S. law significantly curtailed the use of bearer bonds, and all Treasury - issued bearer bonds are now past maturity.

Bearer bonds were once common.

Bonds with coupons, known as coupon bonds or bearer bonds, are not registered, meaning that possession of them constitutes ownership.

The Risks of Bearer Bonds Because there is no registered owner's name printed on the face of a bearer bond, interest and principal will be paid without question to anyone tendering a bond certificate.

Bearer bonds are bonds that are owned by whoever is holding them, rather than having registered owners like most other securities.

Bearer bonds are also called coupon bonds because the physical bond certificates have coupons attached to them that can be redeemed at an authorized agent bank for biannual interest payments, an activity that is commonly called «clipping coupons.»

In this way, bearer bonds are different from most other bonds, which aren't physically issued anymore, but instead exist on the computerized records of brokers and custodians.

The fact that the holder of a bearer bond need only submit certificates to the issuer's agent at the maturity date to anonymously cash them in for their face value might be expeditious, but it also creates great risk for the legitimate owner.

The Future of Bearer Bonds Most bearer bonds in circulation today were issued when interest rates were relatively high.

Acting swiftly to obtain an injunction against a firm of solicitors and their corporate client to prevent the misappropriation of a bearer bond of substantial value which had been deposited with that firm as security for a transaction.

It works exactly like a bitcoin «bearer bond.»

Others may not be so obvious — these include things like artwork, bearer bonds, deferred compensation, pensions, proceeds from a pending lawsuit, etc..