0
no bond is not an optional money. A cheque can be a form of optional money.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is optional money?
Optional money is the non legal tender money, but it is generally acceptable by the people in it's final payments.optional money consists of credit instruments like bills of exchange , cheques ,promissory notes etc.,which does not enjoy any statutory backing.the acceptance of optional money depends upon the choice of an individual person.however they are generally accepted because people have confidence in the credit of the paper
How can you withdraw money out of a savings bond?
A savings bond is not a bank account, you can't just withdraw money from it. It has a maturity date. When the bond matures, you can cash it in. Until then you can't.
What does it mean when a bond matures?
When a bond matures, it is at the end of the term and is ready to collect. You can either take the money or open another bond or CD with that money to lock the money away for the same amount of time so that it accrues more money in interest.
What is the amount of money needed to retire a 11.3S2015 bond early?
A 11.3S2015 bond is not a known or public bond type.
What best explains why a bond holder is similar to a bank?
Bondholders loan money to bond issuers just asbanks loan money to customers.
What are example of optional money?
bond
When was Bond Money created?
Bond Money was created in 2012.
What is a promise to repay money lent by a specific date with interest?
A bond. Or Money Bond
What is optional money?
Optional money is the non legal tender money, but it is generally acceptable by the people in it's final payments.optional money consists of credit instruments like bills of exchange , cheques ,promissory notes etc.,which does not enjoy any statutory backing.the acceptance of optional money depends upon the choice of an individual person.however they are generally accepted because people have confidence in the credit of the paper
What is appeal bond?
money
How can you withdraw money out of a savings bond?
A savings bond is not a bank account, you can't just withdraw money from it. It has a maturity date. When the bond matures, you can cash it in. Until then you can't.
What does it mean when a bond matures?
When a bond matures, it is at the end of the term and is ready to collect. You can either take the money or open another bond or CD with that money to lock the money away for the same amount of time so that it accrues more money in interest.
What are the pros and cons of bond funds?
The pros of bond funds are that you can pool money from investors and have more money in your pocket. The cons are that you can lose money and that can leave you broke.
Money to guarantee appearance in court?
Bail bond Surety bond. Bail
What is the amount of money needed to retire a 11.3S2015 bond early?
A 11.3S2015 bond is not a known or public bond type.
How do you earn money in social girl?
To get money, you have to bond with the girls in the cliques.
What is corporate bonds?
A Corporate Bond is a bond issued by a corporation as a way to borrow money.
