bond power

bond power definition - business

bond power

A form, separate from a bond certificate, that permits the owner of the bond to transfer ownership to another investor without endorsing the bond certificate. Compare stock power.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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