Super Finance Glossary
Over 10,000 financial glossary terms...
Death-backed Bonds
Death-backed Bonds
Definition: Bonds backed by loans of a policyholder against a life insurance policy. The policyholder will repay the loans while alive or with the benefits from the insurance policy upon death.
Definition: Bonds backed by loans of a policyholder against a life insurance policy. The policyholder will repay the loans while alive or with the benefits from the insurance policy upon death.