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单词 precipice bond
释义

Definition of precipice bond in English:

precipice bond

noun
British Finance
  • A bond which is issued for a fixed term, under conditions such that the customer's capital is at risk should investments perform below a certain preset level.

Origin

1990s; earliest use found in Scotland on Sunday.

Definition of precipice bond in US English:

precipice bond

noun
British Finance
  • A bond which is issued for a fixed term, under conditions such that the customer's capital is at risk should investments perform below a certain preset level.

Origin

1990s; earliest use found in Scotland on Sunday.

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更新时间:2025/6/19 15:04:33