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:
- 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.
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- 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.
- 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 ...
- 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 ...