Term Bond – bonds issued at one time, all of which fall due at one time

term bond:

1. A bond that matures concurrently with other bonds in that issue. [1]

1. Bonds issued at one time and all falling due at one time.  Fales v Multnomah County, 119, Or 127, 248 P 151. [2]

1. Bonds issued at one time, all of which fall due at one time.
     Compare serial bonds; series bonds. [3]


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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