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additional bonds test

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Financial Dictionary

additional bonds test

A financial standard that must be met before issuing bonds that use as security revenues or assets already pledged for outstanding bonds.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Merrill Lynch Investing
We Can Provide Financial Insights To Help You Get Back On Track
www.TotalMerrill.com
Over 90 No Load Funds
Low cost mutual funds from T. Rowe Price. Get Started Now.
TRowePrice.com
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Bonds
View Performance, Ratings, And Reports To help You Decide.
www.AmericanCentury.com
Bonds
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