Full Newsletter   Newsletter Archives
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:  ABCDEFGHIJKLMNOPQRSTUVWXYZ
 face-amount certificate  
 

A debt security issued by a type of mutual fund called a face amount certificate company. The debt holder makes payments periodically to the issuer, and the issuer agrees to pay to the holder the face value at maturity (or a different amount if the security is called prior to maturity).

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