Finance:Death bond

From HandWiki
Short description: Term formed from a number of life insurance policies that have been purchased from their original

Death bonds are securities that are formed from a number of life insurance policies that have been purchased from their original owners by investors and pooled into bonds.[1]

References

  1. Goldstein, Matthew (2007-07-30). "Profiting From Mortality". McGraw-Hill. Archived from the original on 2009-12-24. https://web.archive.org/web/20091224100209/http://www.businessweek.com/magazine/content/07_31/b4044001.htm. Retrieved 2009-09-14.