Bullet contract
Bond whose principal repayment is linked to the price of another security. The bonds are issued in two tranches: In the first tranche repayment increases with the price of the other security, and in the second tranche repayment decreases with the price of the other security.
Do you need a Financial Planner?
Click here to get matched to financial planners near you. Free service.
Here are 10 random terms from our database: