Definitions
There is 1 meaning of the phrase
Face-Amount Certificate Company.
Face-Amount Certificate Company - as a noun
A regulated investment company that pays a stated amount to certificate holders on a stated maturity date
Example Sentences
"A face-amount certificate company is a financial institution that issues face-amount certificates of installment type or provides periodic payments on such certificates upon maturity."
"Investors can purchase face-amount certificates from a face-amount certificate company."
"The face-amount certificate company offers a fixed return on investment."
"Placing funds in a face-amount certificate company allows individuals to earn interest over time."
"The face-amount certificate company guarantees the face value of the certificate at maturity."
Word Variations & Relations
A-Z Proximities
faburdenfaburdensfacadefacadesface Face-Amount Certificate Company
face-hardenface-liftface-offface-savingfaceable
