deferred bond

noun

Definition of deferred bond

1 : a bond on which the payment of interest is postponed until some condition has been satisfied
2 British : a bond bearing interest at an increasing rate until a maximum is attained

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deferred

deferred bond

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Cite this Entry

“Deferred bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deferred%20bond. Accessed 27 Oct. 2021.

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