Etymology & Historical Origin - Millicent. Millicent is a name adopted by the English from the Norman-French after the Conquest of 1066. Introduced as Milisende, the Old French (Frankish) form of the Germanic Amalswinthe, the name is ultimately derived from the elements âamalâ meaning âwork, laborâ and âswinthâ meaning âstrengthâ.
Debt Issue. What is a 'Debt Issue'. A debt issue is a fixed corporate or government obligation, such as a bond or debenture. A debt issue is a financial obligation that allows the issuer to raise funds by promising to repay the lender at a certain point in the future and in accordance with the terms of the contract.
What Is A Public Official Bond? A public official bond is a type of surety bond that allows a number of public officials to show that they can be trusted for their services. It is often the law that public officialâs bonds are required because many people will need to work with money or other sensitive information. The whole purpose of public official bonds would be to protect the taxpaying citizen who may need the service of such an official. In the event that unethical services are provided, the citizen will be able to file a claim against that bond to protect themselves and recover any money lost.