Death Put

An optional redemption feature on a debt instrument allowing the beneficiary of the estate of the deceased to put (sell) the bond (back to the issuer) in the event of the beneficiary's death or legal incapacitation. Also known as a "survivor's option".

The death put may be redeemed at par value, and then all proceeds are deposited into the estate. Should interest rates increase substantially, the put may earn a large profit for beneficiaries of the estate.

Investment dictionary. . 2012.

Look at other dictionaries:

  • death — W1S1 [deθ] n [: Old English;] 1.) a) [U] the end of the life of a person or animal ≠ ↑birth death of ▪ The death of his mother came as a tremendous shock. ▪ Cancer is the leading cause of death in women. ▪ How Danielle …   Dictionary of contemporary English

  • Death and state funeral of Ronald Reagan — The casket bearing the body of former President Ronald Reagan lies in state in the United States Capitol Rotunda Participants …   Wikipedia

  • put to death — verb kill as a means of socially sanctioned punishment (Freq. 2) In some states, criminals are executed • Syn: ↑execute • Derivationally related forms: ↑execution (for: ↑execute), ↑ …   Useful english dictionary

  • put — /poot/, v., put, putting, adj., n. v.t. 1. to move or place (anything) so as to get it into or out of a specific location or position: to put a book on the shelf. 2. to bring into some relation, state, etc.: to put everything in order. 3. to… …   Universalium

  • put — 1. v. & n. v. (putting; past and past part. put) 1 tr. move to or cause to be in a specified place or position (put it in your pocket; put the children to bed; put your signature here). 2 tr. bring into a specified condition, relation, or state… …   Useful english dictionary

  • put down — Synonyms and related words: Parthian shot, abase, abasement, abash, account for, accredit with, accrete to, acknowledge, affront, annihilate, ante, ante up, apply to, ascribe to, aspersion, asphyxiate, assign to, atrocity, attach to, attribute to …   Moby Thesaurus

  • put away — Synonyms and related words: accomplish, achieve, annihilate, assassinate, attain, bank, bereave of life, bosom, bottle up, bump off, bundle away, bury, cache, carry away, carry off, chloroform, coffer, compass, consume, consummate, cool, cut down …   Moby Thesaurus

  • death — [[t]dɛθ[/t]] n. 1) the act of dying; the end of life Compare brain death 2) the state of being dead 3) extinction; destruction 4) (usu. cap.) the agent of death personified, usu. represented as the Grim Reaper 5) rel loss or absence of spiritual… …   From formal English to slang

  • death — noun 1) her father s death Syn: demise, dying, end, passing, loss of life; eternal rest, quietus; murder, assassination, execution, slaughter, massacre; informal curtains; formal decease; archaic expiry Ant: life …   Thesaurus of popular words

  • Death Note — redirects here. For other uses, see Death Note (disambiguation). Death Note Cover of the first tankōbon for Death Note featuring Ryuk and Light Yagami …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.