LIBERTY BOND
A bond issued by the United States Government during World War I. Liberty bonds was used to finance the war effort in Europe. The bonds, sold under the same name, were reissued after the terrorist attacks on September 11, 2001. These bonds were used in rebuilding the "ground zero" and other damaged areas. The Congress-passed law that introduced the bonds still stands as the legislation, allowing the issuance of all US Treasury securities.
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A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
Slang term for a situation in which a firm is unaware a marketer sends massive spam emails to everyone promote the stock, instead of producing legi ...
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