Topical Terminology > Joint Bond
Joint Bond
For Joint Bond we have terms and definitions in 3 topics. The topics are Finance, Frauds and Scams and Investing.
Joint Bond (Finance) 
A bond that is guaranteed by the issuer and a party other than the issuer.
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Joint Bond (Frauds and Scams)
Bond that is guaranteed by a party other than the issuer or has more than one obligator--also called "joint and several bond". Prevalent use of joint bonds can be found when a parent corporation wants to guarantee the bonds of a subsidiary.
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Joint Bond (Investing)
Bond that is guaranteed by a party other than the issuer or has more than one obligator--also called "joint and several bond". Prevalent use of joint bonds can be found when a parent corporation wants to guarantee the bonds of a subsidiary.
See Also: Debt Instrument; Guaranteed Bond; Obligator
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