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What does face-amount certificate company mean?

April 26, 2017Certificate COMPANY face-amount mean

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What does face-amount certificate company mean?

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• FACE-AMOUNT CERTIFICATE COMPANY (noun) The noun FACE-AMOUNT CERTIFICATE COMPANY has 1 sense: 1. a regulated investment company that pays a stated amount to certificate holders on a stated maturity date Familiarity information: FACE-AMOUNT CERTIFICATE COMPANY used as a noun is very rare.