Tax-free, zero coupon bonds designed to help families pay for college tuition costs. Baccalaureate bonds are sold in some states, and generally sold in small denominations with several different maturity dates allowing bondholder to cash in bonds as tuition payments are due. Some state colleges will provide a tuition discount to bondholders using bonds toward the cost of college tuition.
Related information about baccalaureate bond:
- Baccalaureate Bond Definition | Investopedia
A zero-coupon bond issued by certain states to assist families in saving for college tuition by means of added tax benefits. Baccalaureate bonds are offered by ...
- Baccalaureate Bond - Financial Dictionary - The Free Dictionary
A zero-coupon bond issued in some U.S. states to pay for college tuition expenses. That is, a student or his/her family purchases a baccalaureate bond, the ...
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Baccalaureate Bond Specifics. Baccalaureate bonds are zero-coupon bonds, which means that no interest payments are collected during the span between the ...
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We explain the definition of Baccalaureate Bond, provide a clear example of how it works and explain why it's an important concept in business, finance ...
- What is baccalaureate bond? - BusinessDictionary.com
Definition of baccalaureate bond: An investment strategy that works like a zero- coupon bond that gives individuals the opportunity to put away money for college ...
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Definition of baccalaureate bond: Tax-free, zero coupon bonds designed to help families pay for college tuition costs. Baccalaureate bonds are sold in some ...
- ORS 286A.700 - Authority to issue baccalaureate bonds - 2011 ...
(h) An Oregon Baccalaureate Bond program that provides citizens an opportunity to save for a post-secondary education for their children, themselves or any ...
- Personal Finance Glossary - Yahoo! Finance
Baccalaureate bond. Baccalaureate bonds are tax-free zero coupon bonds issued by certain states specifically to help families accumulate assets to meet ...