accrual bond
Definition from Wiktionary, the free dictionary
Contents |
[edit] English
[edit] Etymology
[edit] Noun
accrual bond (plural accrual bonds)
- a fixed-interest bond that is issued at its face value and repaid at the end of the maturity period together with the accrued interest[1].
[edit] Synonyms
[edit] References
- ^ Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor (by David L. Scott, 2003 Houghton Mifflin Company) at dictionary.com