单词 | post-obit bond |
释义 | post-obit bond (once / 2363863 pages) n WORD FAMILY post-obit bond n a bond made by a reversioner to secure a loan; payable out of his reversion Hyper bond, bond certificate a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal |
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