income bond

income bond
a bond without a guaranteed amount of interest payment, such payment being usually made only out of earnings.
[1885-90]

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Universalium. 2010.

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  • Income bond — Income In come, n. 1. A coming in; entrance; admittance; ingress; infusion. [Obs.] Shak. [1913 Webster] More abundant incomes of light and strength from God. Bp. Rust. [1913 Webster] At mine income I louted low. Drant. [1913 Webster] 2. That… …   The Collaborative International Dictionary of English

  • income bond — see bond 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Income bond — A bond on which the payment of interest is contingent on sufficient earnings. These bonds are commonly used during the reorganization of a failed or failing business. The New York Times Financial Glossary * * * income bond income bond ➔ bond * *… …   Financial and business terms

  • income bond — A bond whose payment of interest is contingent on sufficient earnings. These bonds are commonly used during the reorganization of a failed or failing business. Bloomberg Financial Dictionary * * * income bond income bond ➔ bond * * * income bond… …   Financial and business terms

  • income bond — noun : a bond that is entitled to receive interest only if earned and declared by the board of directors in accordance with its indenture provisions * * * a bond without a guaranteed amount of interest payment, such payment being usually made… …   Useful english dictionary

  • income bond — National Savings Income Bond 1) A type of bond introduced by the Department for National Savings in 1982. They offer monthly interest payments on investments between £500 and £1 million. Interest is taxable but not deducted at source. 2) See… …   Big dictionary of business and management

  • Income Bond — A type of debt security in which only the face value of the bond is promised to be paid to the investor, with any coupon payments being paid only if the issuing company has enough earnings to pay for the coupon payment. The income bond is a… …   Investment dictionary

  • income bond — noun Date: circa 1864 a bond that pays interest at a rate based on the issuer s earnings …   New Collegiate Dictionary

  • guaranteed income bond — A single premium insurance bond which pays out a fixed amount of annual income and returns the original sum invested * * * guaranteed income bond guaranteed income bond ➔ bond * * * guaranteed income bond UK US noun [C] UK FINANCE ► an investment …   Financial and business terms

  • Guaranteed Income Bond (GIB) — A guaranteed income bond (GIB) is an investment tool that provides income in the form of interest over a specified time period, usually between 6 months and 10 years. These bonds are issued by life insurance companies in the United Kingdom and… …   Investment dictionary

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