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Simple English definitions for legal terms

non-interest-bearing bond

Read a random definition: uninsured motorist clause

A quick definition of non-interest-bearing bond:

A non-interest-bearing bond is a type of bond that does not pay regular interest payments to the bondholder. Instead, it is sold at a discount to its face value and the bondholder receives the full face value of the bond when it matures. This means that the bondholder earns a return on the investment by buying the bond at a discount and receiving the full face value at maturity.

The term "non-interfui" is a Latin phrase that means "I was not present" and is often used in a reporter's note.

A more thorough explanation:

A non-interest-bearing bond is a type of bond that does not pay any interest to the bondholder. Instead, it is sold at a discount to its face value and the bondholder receives the full face value of the bond when it matures.

For example, a company may issue a $1,000 non-interest-bearing bond that matures in five years. The bond may be sold at a discount for $900, but when it matures, the bondholder will receive the full $1,000.

Another example is a U.S. Savings Bond, which is a type of non-interest-bearing bond issued by the U.S. government. These bonds are sold at a discount and the bondholder receives the full face value of the bond when it matures.

Non-interest-bearing bonds are attractive to investors who are looking for a low-risk investment with a guaranteed return. However, because they do not pay any interest, they may not be suitable for investors who are looking for regular income from their investments.

nonintercourse act | noninterpretivism

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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