accrual bond
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