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income bond
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income participation
in·come par·tic·i·pa·tion
noun
Definition:
loan with lender receiving double benefit:
a property loan agreement in which the lender has the right to share in the income accruing from the property in addition to the normal interest
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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