| A | B |
|---|
| Face Value | Also know as par value, which is the dollar amount printed on the certificate |
| Premium | Bonds that are sold for more than they're worth. |
| Discount Broker | Receives no advice on what to do...invest in. |
| Standard & Poor’s | A type of independent bond rating system. |
| Corporate Bonds | Sold by private companies to raise money |
| Contract Rate | Also known as a fixed interest rate. |
| Callable | Type of bond that companies have the right to buy back if they wish. |
| Mortgage Bond | Type of corporate bond that is secured and backed by collateral. |
| Convertible | Bonds that can be transferred to stock. |
| Debentures | Bonds that are not secure or backed by collateral |
| GO (General Obligation) | Type of bond that levys taxes. |
| Municpal Bonds | Issued by non-federal government |
| Agency Bonds | Type of government bond that makes no interest payments and the price is not a fixed rate. |
