A type of debt security that is issued by a corporation or government. It is different by other securities due to the fact that this bond is unregistered and there are no records in terms of transactions or the owner of the investment. This is a popular bond for people looking to remain anonymous.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser