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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Punitive Orders


If an investment pro violates SEC rules or does something illegal, the state administrator can issue a punitive order, which is a type of punishment. This type of order can deny a license to work in the state, can be a suspension of a license, or can involve some sort of torturous dunk tank.