Maturity Date
The date when a bond will be repaid
Face Value
The dollar amount the bond holder will receive at the bond's maturity
Debenture Bond
This is backed by the reputation of the corporation rather than by its assets
Mortgage Bond
A bond that is backed by assets of a corporation
Convertible Bond
A bond that an investor can trade for shares of the corporation's common stock
Sinking Fund
A fund in which a corporation makes deposits for the purpose of paying back a bond issue
Serial Bonds
Bonds issued at the same time, but maturity dates are on different dates
Registered Bond
A bond that is registered in the owners name by the company that issues it
Coupon Bond
A bond that is registered in the owners name for only the face value and not for interest
Bearer
Not registered in the investors name
Zero Coupon Bond
A bond that does not produce interest payments
Municipal Bond
Issued by the state or local government to pay for its on going activities
Investment-Grade Bonds
Bonds that are issued by financially stable companies or municipalities
Yield
The rate of return usually stated as a percentage earned by the investor who holds onto it until it matures
Closed-End Fund
A mutual fund with a fixed number of shares that are issued by an investment when the fund is first organized
Open-End Fund
A mutual fund with an unlimited number of shares that are issued and redeemed by an investment company at the investors request
Net Asset Value
The amount that one share of a mutual fund is worth
Load Fund
A mutual fund for which you pay a commission every time you buy or sell shares
No Load Fund
A mutual fund that has no commision fee