What's another word for mezzanine?
Synonyms for Mezzanine:
- intermediate floor,
- ground floor,
- the first floor,
- lower ground floor,
Are senior notes good or bad?
Senior notes are bonds that must be repaid before most other debts in the event that the issuer declares bankruptcy. That makes senior notes more secure than other bonds. That greater level of safety means investors earn slightly lower interest rates.
What is Senior Secured Bond?
Senior Secured Bond means a debt security (that is not a loan) that is (a) issued by a corporation, limited liability company, partnership or trust and (b) secured by a valid first priority perfected security interest on specified collateral.
How much do you pay on a secured bond?
If you don't have the money for bail, you'll need to secure a bail bond. That means contacting a bondsman and paying a fee of roughly 10 percent of the cost of bail.
Are bonds senior secured?
The term senior secured means that a bond is both senior and secured in its structure. A bond can also be senior but unsecured, meaning there is no specific collateral guaranteeing the bond.
How does secured bond work?
There are two types of bonds – secured and unsecured. A secured bond means that you actually pay money or bail property to secure your release. An unsecured bond or surety bond means you sign a document that says you will pay a certain amount of money if the defendant breaks his/her bond conditions.
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