par bond
noun [ C ]
FINANCE ukusa bond that is sold at the value that it had when it was first sold:
The par bonds paid interest at 4% in the first year, rising to 6% in the seventh year and thereafter.
See also
par value
| 单词 | par bond |
| 释义 | par bond noun [ C ] FINANCE ukusa bond that is sold at the value that it had when it was first sold: The par bonds paid interest at 4% in the first year, rising to 6% in the seventh year and thereafter. See alsopar value |
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