Corporate bond arranged so that specified principal amounts become due on specified dates.
Bond issue with various maturity dates to be paid in parts at periodic stated intervals until the entire issue is retired.
As opposed to a term bond, which is a block of bonds that matures in a single year, a serial bond features maturities each year, annually or semiannually, during a period of years (see Term Bond).
An issue that matures in part at periodic stated intervals.
An issue that is segmented into a series of maturities which matures in relatively small amounts at stated periodic intervals.
A bond issue in which maturities are staggered over a number of years.
A bond of an issue that features maturities every year, annually or semi-annually over a period of years, as opposed to a Term Bond, which is a large block of bonds maturing in a single year.