What is the meaning of Bullet?

Bullet is a type of credit security which repays the entire principal on the maturity date. Prior to the maturity or prepayment of the bond, interest payments are to be made in accordance with the payment schedule. Treasury and Corporate bonds pay off in lump sum principal amounts whereas many mortgages pay off on an amortization basis.

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APABarry Goldsmith. (2010). bullet. Retrieved September 21, 2026, from http://smartdefine.org/bullet/definitions/1149099
ChicagoBarry Goldsmith. 2010. "bullet" http://smartdefine.org/bullet/definitions/1149099 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, bullet, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/bullet/definitions/1149099>.
MLABarry Goldsmith. "bullet" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/bullet/definitions/1149099>
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