deferred bond
noun
1
: a bond on which the payment of interest is postponed until some condition has been satisfied
2
British
: a bond bearing interest at an increasing rate until a maximum is attained
Dictionary Entries Near deferred bond
Cite this Entry
“Deferred bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deferred%20bond. Accessed 23 Nov. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share