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consolidation
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consolidated bond
con·sol·i·dat·ed bond (plural con·sol·i·dat·ed bonds)


noun 
Definition:
 
bond replacing ones issued earlier: a bond issued in order to permit the withdrawal of two or more existing issues
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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