Face-amount certificate
Face-amount certificate - Definition 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 assets such as real property or other securities. The company or Mutual Fund i
What is Face-amount certificate?
Face-amount certificate - Definition 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 assets such as real property or other securities. The company or Mutual Fund i
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