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embedded option
em·bed·ded op·tion
(
plural
em·bed·ded op·tions
)
noun
Definition:
finance
option available in bond:
a clause in a bond that allows a particular course of action by the bondholder or the issuer in particular given circumstances
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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