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face-amount certificate

A debt security issued by a type of mutual fund called a face amount certificate company. The debt holder makes payments periodically to the issuer, and the issuer agrees to pay to the holder the face value at maturity (or a different amount if the security is called prior to maturity).

Related information about face-amount certificate:
  1. Face-amount certificate company - Wikipedia, the free encyclopedia
    A face-amount certificate company is an investment company which offers an investment certificate as defined by the Investment Company Act of 1940.
     
  2. Face-Amount Certificate Company Definition | Investopedia
    A type of investment firm that issues debt securities to its investors. These securities are called face-amount certificates and are backed by security interest on ...
     
  3. What is face-amount certificate? definition and meaning
    Definition of face-amount certificate: A debt security issued by a type of mutual fund called a face amount certificate company. The debt holder makes payments ...
     
  4. face-amount certificate company - The Free Dictionary
    Noun, 1. face-amount certificate company - a regulated investment company that pays a stated amount to certificate holders on a stated maturity date. investment ...
     
  5. Face-Amount Certificate - Financial Dictionary - The Free Dictionary
    A debt security issued by face amount. The holder makes payments periodically to the issuer, and the issuer promises to pay the purchaser the face value at ...
     
  6. Face-amount certificate Definition - NASDAQ.com
    Face-amount certificate: read the definition of Face-amount certificate and 8000+ other financial and investing terms in the NASDAQ.com Financial Glossary.
     
  7. Form N-8B-4 - Securities and Exchange Commission
    Totally-held Subsidiary: The term “totally-held subsidiary” means a subsidiary, other than a face-amount certificate company, (a) substantially all of whose ...
     
  8. face-amount certificate - Invest Definition
    face-amount certificate definition: A debt instrument issued by a type of mutual ... An investor who owns a face-amount certificate makes periodic payments to the ...