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Market Trader Glossary:
Obligation bond
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Definition: |
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A municipal Bond with a face value greater than the value of the Underlying property. The difference is designed to compensate the Lender for costs exceeding the Mortgage value. |
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Related Links:
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Before investing into
Index Trading
it is recommend to have basic knowledge about indexes and the way you may trade
them - what exchange trading funds, options, index tracking funds and index
emini could be used.
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