- strip bond
-
a bond that has been stripped into its principal certificate and interest coupons, each part to be sold separately.
* * *
Universalium. 2010.
strip bond
Look at other dictionaries:
Strip Bond — A bond where both the principal and regular coupon payments—which have been removed—are sold separately. Also known as a zero coupon bond. An investment firm will usually buy a debt instrument and strip it into its separate parts. Strip bonds … Investment dictionary
strip bond — Finance. a bond that has been stripped into its principal certificate and interest coupons, each part to be sold separately … Useful english dictionary
bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure … Law dictionary
bond — adj *bound, indentured, articled Antonyms: free Contrasted words: emancipated, manumitted, liberated, freed (see FREE vb): independent (see FREE adj) bond n 1 Bond, band, tie all denote something which serves to bind or bring two or more things… … New Dictionary of Synonyms
strip# — strip vb Strip, divest, denude, bare, dismantle can mean to deprive a person or thing of what clothes, furnishes, or invests him or it. Strip stresses a pulling or tearing off rather than a laying bare, though the latter implication is frequent;… … New Dictionary of Synonyms
strip — n pl STRIPs [s eparate t rading of r egistered i nterest and p rincipal of securities]: a Treasury security that entitles the investor usu. to payment of interest or principal exclusively and that is registered in a Federal Reserve bank under a… … Law dictionary
Strip financing — is the repackaging of different types of obligations debt, preferred stock, common stock etc. into one security. The idea is to ease conflicts of interest between the holders of the initial components, bond and stockholders. Also, repackaging can … Wikipedia
strip — Variant of a straddle. A strip is two puts and one call on a stock. A strap is two calls and one put on a stock. The puts and calls have the same strike price and expiration date. See: Strap. Bloomberg Financial Dictionary In the United Kingdom,… … Financial and business terms
strip — strip1 /strip/, v., stripped or stript, stripping, n. v.t. 1. to deprive of covering: to strip a fruit of its rind. 2. to deprive of clothing; make bare or naked. 3. to take away or remove: to strip sheets from the bed. 4. to deprive or divest:… … Universalium
Bond Street — For other uses, see Bond Street (disambiguation). The Royal Arcade on Old Bond Street Bond Street is a major shopping street in the West End of London that runs north south through Mayfair between Oxford Street and Piccadilly. It has been a… … Wikipedia
