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Three-year-old J.T.understands that 3 is more than 2,and 2 is more than 1.J.T.is demonstrating a grasp of
Bond Ratings
Evaluations of the credit quality and risk of default of a bond, issued by rating agencies, influencing interest rates and investor demand.
Financial Obligation
A legal responsibility to settle a debt or pay for a service or product that has been received.
Registered Securities
Securities with which the issuer or a transfer agent keeps a list of the names of owners. Dividends or interest payments are made to owners of record as of specified dates.
Transfer Agent
A financial institution or trust company designated by a corporation to keep records of investors, account balances, and transactions, and manage the transfer of stocks and bonds.
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