Amortizing Bond

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Definition

Amortizing Bond. Bond that regularly pays down the Principal (Face Value) on the debt along with its interest expense over the life of the bond

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.