Legal
What Is Probate Court?
A probate court is part of a unified court system in the United States that is charged with handling cases involving estates, wills, trusts, guardianships, cons
Patrick Harwood
Patrick Harwood has been a professional writer and editor since 2004, specializing in articles about spectator sports, personal finance and law. He has contributed to family of magazines and websites.
Finance
What Are Collateralized Mortgage Obligations?
Securitization in a process in which income streams from various assets are pooled together, then sold off in slices to investors. Collateralized mortgage oblig
Finance
Interest Rate Vs. Yield
Most corporate bonds are issued with a fixed interest rate, payable to investors on an annual basis until maturity. Yield is a term that expresses the true rate
Finance
How to Purchase Corporate Bonds Without a Broker
There are two ways to invest in a company: through stocks or bonds. Stocks represent equity or ownership and bonds represent a debt that must be repaid. Most co
Finance
How to Invest in 100% U.S. Treasury Bonds
U.S. Treasury bonds are referred to as "risk-free" investments for their unique safety. The U.S. government finances itself with debt sold to investors as Treas
Finance
How to Purchase Premium Bonds
There are two main ways to invest in a company. You can invest via bonds or stocks. Bonds represent debt for the company, and the company pays the bondholder in
Finance
What Is the Interest Rate on a Bond Called?
The interest rate on a bond is called the state rate. However, your actual return will vary based on how much you pay to purchase the bond. Featu
Finance
How to Calculate the Rate of Return on a Bond
When bonds are issued, they are assigned a par value and a stated interest rate. However, bonds are traded like stocks, which means that the price you pay to bu
Finance
How to Calculate the Annual Rate of Return on a Bond
Bonds are loans that are floated by companies and governments and bought by investors. Each bond has a par value, the amount the company will pay interest on, a
Finance
What Is a Stated Interest Rate?
The stated interest rate is a term used to describe the return on bonds. When a bond is issued, the stated interest rate determines how much interest will be pa
Finance
How to Calculate Bonds With a Financial Calculator
Every banker owns a financial calculator. She carries the calculator with her to every meeting because she never knows when she may need it and no other calcula
Finance
Municipal Bonds Vs. Savings Bonds
Bonds are investments often sought by retirees and other investors looking for a steady income stream or as a way to diversify a portfolio of stocks. Both munic