For example, in the case of animals larger than a raccoon (such as a dead deer), state laws requires the carcass to be disposed of in a pit at least 3.5 feet deep, on private property, and not adjacent to any standing water.
A bond price is the price at which you can buy or sell a bond. The most usual way of expressing these prices is to use the current price as a percentage or the nominal price of the bond.
DEFINITION of 'Premium Bond'. 1) A bond that is trading above its par value. A bond will trade at a premium when it offers a coupon rate that is higher than prevailing interest rates. This is because investors want a higher yield, and will pay more for it.2) A specific type of bond issued in nations such as the United Kingdom and Canada. bond will trade at a premium when it offers a coupon rate that is higher than prevailing interest rates. This is because investors want a higher yield, and will pay more for it.