registered bond

registered bond definition - finance
A bond in which the identity of the holder is known by the company. The company pays the bondÂ’s interest and principal directly to the owner on record. To obtain payment, the holder must send the coupon attached to the bond to the company registrar or paying agent.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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