serial bond:
(1889)
1. A bond issued concurrently with other bonds having different maturity dates. [1]
1. Bonds issued by a public body payable at different times. 43 Am J1st Pub Sec § 8.
Bonds of a corporation or municipality which are issued in a series of which different parts are redeemable at different specified dates. Fales v Multnomah County, 119 Or 127, 248 P 151. [2]
1. Bonds of a corporation or a municipality issued at the same time but redeemable at different specified dates.
Compare series bonds. Also compare term bonds. [3]
References:
Disclaimer: All material throughout this website is compiled in accordance with Fair Use.
[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black & Editor in Chief Bryan A. Garner. ISBN: 978-0-314-62130-6
[2]: Ballantine’s Law Dictionary with Pronunciations
Third Edition by James A. Ballantine (James Arthur 1871-1949). Edited by William S. Anderson. © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY. Library of Congress Catalog Card No. 68-30931
[3]: Ballantine’s Law Dictionary Legal Assistant Edition
by Jack Ballantine (James Arthur 1871-1949). Doctored by Jack G. Handler, J.D. © 1994 Delmar by Thomson Learning. ISBN 0-8273-4874-6.
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