accrual bond

English - English

Definition of accrual bond in English English dictionary

a fixed-interest bond that is issued at its face value and repaid at the end of the maturity period together with the accrued interestWall Street Words: An A to Z Guide to Investment Terms for Today's Investor (by David L. Scott, 2003 Houghton Mifflin Company) at

Hyphenation

ac·cru·al bond

Turkish pronunciation

ıkruıl bänd

Synonyms

zero-coupon bond, capital appreciation bond

Pronunciation

/əˈkro͞oəl ˈbänd/ /əˈkruːəl ˈbɑːnd/

Etymology

() accrual + bond