accrual bond
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English[edit]
Etymology[edit]
Noun[edit]
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]
Synonyms[edit]
References[edit]
- ^ 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