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extendable bond
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Extended Binary Coded Decimal Interchange Code
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Also available:
World English Dictionary
Dictionnaire Français
extendable bond
ex·tend·a·ble bond
(
plural
ex·tend·a·ble bonds
)
noun
Definition:
finance
bond with extendable maturity:
an instrument of long-term debt whose maturity date can be extended at the option of the lender or issuer
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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