LSDefine

Simple English definitions for legal terms

bond premium

Read a random definition: ACPA

A quick definition of bond premium:

A bond premium is an extra amount of money paid for a bond that is higher than its face value. It is the opposite of a bond discount. This premium is paid because the bond has a higher interest rate than the current market rate, making it more valuable. It is like paying extra for a toy that is in high demand. The bond premium is added to the face value of the bond to determine the total amount that will be paid back to the bondholder at maturity.

A more thorough explanation:

A bond premium is the amount by which a bond's market value exceeds its face value. For example, if a bond has a face value of $1000 but is trading in the market for $1100, then the bond premium is $100. This premium is paid by the bond buyer to the bond issuer and represents the additional amount the buyer is willing to pay for the bond's higher interest rate or other favorable terms.

Another example of a premium is an insurance premium, which is the periodic payment required to keep an insurance policy in effect. For instance, if you pay $1000 per year for car insurance, then that is your insurance premium.

bondman | bond rating

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

HopefullyInLawSchool

16:12

@RoaldDahl: Likely not however it could mean nothing

RoaldDahl

16:15

So if it means nothing does that mean something?

HopefullyInLawSchool

16:17

Possibly

RoaldDahl

16:26

Cool

RoaldDahl

16:26

thank you!!!! i hope it means something

pinkandblue

16:31

fart

IrishDinosaur

16:36

Mich R gang lesgooo

AromaticDazzlingLlama

17:19

Did anyone else get that random get to know nova email?

HopefullyInLawSchool

17:21

Ya it was sent to all YM applicants

starfishies

17:37

Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet

PoloBoy

17:38

Better yet I got the email and I was rejected last month

starfishies

17:38

Wtf

starfishies

17:39

and the deadline is in like a week what is this

DashingThroughRaindrops

18:01

any cardozo movement?

BatmanBeyond

18:01

Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response

BatmanBeyond

18:02

This whole hold/wait-list/reserve system is a headache

DashingThroughRaindrops

18:02

loci already?

BatmanBeyond

18:09

If the odds are like 1-2% I don't think it matters much by the numbers

ChuChuB

12:11

I got the same NDLS email

OrangeThing

12:18

I think the user profiles are broken

HippoDad

19:29

Any word out of Notre Dame?

HippoDad

19:29

Only the invitation to apply for LSE

HippoDad

19:29

Anyone received a decision from NDLS?

bigfatsloth

19:50

when did u guys apply that just heard from umich? they havent even glanced at my app yet

folkmore

0:30

how am i supposed to spy on people when profile links are broken?

BroadMotionlessStingray

5:02

Right. Broken links smh

mastermonkey45

11:40

I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.

EmptyFlakyGoose

12:08

The profile links are not working for me. anybody else?

bigfatsloth

13:18

i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march

CheeseIsMyLoveLanguage

13:24

@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)

LSD+ is ad-free, with DMs, discounts, case briefs & more.