Baccalaureate Bond

Business, Legal & Accounting Glossary

Definition: Baccalaureate Bond


Baccalaureate Bond


Full Definition of Baccalaureate Bond


Tax-free, zero coupon bonds designed to help families pay for college tuition costs. Baccalaureate bonds are sold in some states, and generally sold in small denominations with several different maturity dates allowing bondholder to cash in bonds as tuition payments are due. Some state colleges will provide a tuition discount to bondholders using bonds toward the cost of college tuition.


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Definition Sources


Definitions for Baccalaureate Bond are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.