Investor Glossary-american municipal bond assurance corporationInvestor Glossary-american municipal bond assurance corporationInvestor Glossary-american municipal bond assurance corporationInvestor Glossary-american municipal bond assurance corporationInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

American Municipal Bond Assurance Corporation

The HTML to link to this page
 

The American Municipal Bond Assurance Corporation is one of the largest municipal bond insurers in the United States. An offering that has been insured by the American Municipal Bond Assurance Corporation can usually mandate a higher price upon being issued, depending on the terms of the policy. An insurance policy through the American Municipal Bond Assurance Corporation can also increase a bond's marketability. In 1971, the predecessor to the American Municipal Bond Assurance Corporation, Ambac Assurance Corporation, wrote the first municipal bond insurance policy. The American Municipal Bond Assurance Corporation became a subsidiary of Citibank in 1985 and later the American Municipal Bond Assurance Corporation went public in 1991. That same year, the American Municipal Bond Assurance Corporation engaged into a joint venture with another large bond insurer, the Municipal Bond Insurance Association (MBIA), to form MBIA-AMBAC International. The generally accepted abbreviation for the American Municipal Bond Assurance Corporation is AMBAC.



Rate this American Municipal Bond Assurance Corporation definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: Key Rate Duration, margin rate, stock split, irrevocable trust, required rate of return, 1031 exchange, debt service coverage, ex-dividend, ex-dividend date, covered put, 401a, average price per share, Zero Cost Collar, deferred tax, liquidity ratio, phantom income, reverse mortgage, current ratio, 1035 exchange, inflation, class C shares, balance sheet, per diem, diluted share, wholly-owned subsidiary, annual return, VIX, option premium, limit order, EBITDA, deferred revenue, stock market close, APR, in escrow, FICO score, command economy, implied volatility, open position, risk management, dividends payable, real GDP, 144a, FTSE, minority interest, LIBOR, cancelled check, labor relations, retained earnings, quality assurance


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use