Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
Hot buyers need chillin' time. If you decide to buy that Ferrari, for example, you might want to cool off a little, big spender, before you fork over the $200,000.
If you're a company and you file with the SEC to sell bonds or stocks, there is a legal 20 day cooling off period. During this time, your company can't advertise and you have to behave yourself. When the 20 days have passed, the SEC will issue a "release" so that the securities can be sold to the public.