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Home Our Mission Testimonials Contact who we are Change Categories Personal Information Saved Articles Calculators Refer Colleague Unsubscribe To Email Comments & Feedback Help On Email  Glossary:  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z  obligation bond     Mortgage bond whose face value exceeds the value of the underlying property, and for which a personal obligation is created to compensate the lender for any costs that may exceed the value of the mortgage. This Glossary is provided by www.InvestorWords.com Copyright © 1997-2005 by WebFinance Inc. All Rights Reserved. Personal Information Unsubscribe to Email Your Privacy Disclaimer of Liability © 2008,Powered by BizActions Patent Pending