registered bond

A governmental or corporate obligation to pay money, represented by a single certificate delivered to the creditor.

• The obligation is registered in the holder’s name on the books of the debtor. [Cases: Corporations 471; Municipal Corporations 936. C.J.S. Corporations § 667; Municipal Corporations § 1700.]

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词条贡献者

译员圣强，国际仲裁与争端解决专业，专注翻译各种与跨境争议有关的法律文件。