glossary Archives - LearnBonds.com

Federal Reserve Balance Sheet – How It Works

Last Updated: February 11, 2020

The Federal Reserve Balance Sheet is a breakdown of the assets and liabilities held by the central bank. On every Thursday, generally at 04:30 P.M. […]

Person-to-Person Loans

Author: David Waring

Last Updated: May 7, 2020

Person-to-person loans (also known as peer-to-peer loans) are loans to unrelated individuals, or “peers”. This type of lending takes place without the use of a […]

Floating Rate Bonds – What They Are And How They Work

Author: David Waring

Last Updated: March 3, 2020

A floating rate bond (also known as a “floater”) is a bond that has a variable coupon, tied to a benchmark or reference rate, like the London […]

Unsecured Bonds – What They Are And How They Work

Author: David Waring

Last Updated: February 11, 2020

Unsecured bonds, (also called “debentures,”) are certificates of debt (usually interest-bearing or discounted) that are issued by a government or corporation in order to raise […]

State Credit Enhancement Programs – What they are and How they Work

Author: David Waring

Last Updated: February 11, 2020

State Credit Enhancement Programs have gotten some new lately. But, what exactly are they? Here is a quick view of these programs and what they mean. […]

University Bonds – What They are and How they Work

Author: David Waring

Last Updated: February 11, 2020

A new investment vehicle called University Bonds has been making a lot of news lately. Here is a quick rundown of this type of municipal bond. […]

Bond Face Value – What it is and How it Works

Author: David Waring

Last Updated: March 8, 2020

Face Value is the amount that you will be paid when the bond matures, assuming that the bond does not default. It is called face […]

Subordinated Debt – What it is and How it Works

Author: David Waring

Last Updated: April 27, 2020

Subordinated debt is another name for any debt which is behind senior debt in line to be paid in the event of bankruptcy. Should a […]

GARVEE Bonds – What They are and How They Work

Author: David Waring

Last Updated: February 11, 2020

Grant Anticipation Revenue Vehicles (GARVEE Bonds) are a financing mechanism used by many states to finance highway projects. The investment bonds are secured by federal […]

Bank Backed Bonds – What They are and How They Work

Author: David Waring

Last Updated: February 11, 2020

Banked Back Bonds are municipal bonds which carry an agreement with a commercial bank who will provide support to the municipality if they run into […]