registered bond definition

registered bond

Bond issue where the bond owner's name is on record with the bond issuer. Usually, only the registered bond owner is entitled to the interest on the bond, and to receive its principal upon its presentation for redemption. Ownership (title) of this type of bond is transferable only through endorsement by the registered owner on the assignment form printed on the back of bond certificate. Most bonds are issued in the registered form. See also bearer bond.

registered bond is in the Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.

registered bond appears in the definitions of the following terms: bond classification, registered security, bond power, coupon and bearer bond

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