Series 65: Bond Anticipation Note (BAN)

Taken from our Series 65 - NASAA Uniform Investment Advisor Law Exam

Definition of the term Bond Anticipation Note (BAN)...

a short-term debt security that is backed by the future issuance of a long-term bond.

Since you're reading about Series 65: Bond Anticipation Note (BAN), you might also be interested in:

Solomon Exam Prep Study Materials for the Series 65
Please Enable Javascript
to view this content!