Face amount certificate

 

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Face amount certificate

A debt security issued by face amount. The holder makes payments periodically to the issues, and the issuer promises to pay the purchaser the face value at maturity or the surrendered value if the security is presented by the maturity specified in the certificate.



Face amount certificate

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Gold certificate

Gold certificate

Certificate of an investor, that shows proof of ownership of gold bullion.


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In the US, this is a certificate of deposit with a denomination of $100,000 and above. They are usually purchased by large institutions such as banks and insurance companies.


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Further Suggestions

Certificate of Accrual on Treasury Securities (CATS)
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Voting trust certificate
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Voting certificate
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Jumbo certificate of deposit
Strip mortgage participation certificate (strip PC)
Abstracters Certificate
Equipment trust certificates
Negotiated certificate of deposit
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variable rate certificate
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