Assumed Bond
Bond which is issued by one corporation but whose liability is taken on by another corporation.
Join now or login to suggest a revised definition!
Follow Us
Random Financial Term
Total Risk Based Capital
The sum of tier 1 plus tier 2 capital. Tier 1 capital consists of common shareholders equity, perpetual preferred shareholders equity with non~cumulative dividends, retained earnings, and minority interests in the equity accounts of consolidated subsidiaries. Tier 2 capital consists of subordinated debt, intermediate~term preferred stock, cumulative and long~term preferred...
