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Meaning of accrual bond | Babel Free

Noun CEFR B2

Definitions

A fixed-interest bond that is issued at its face value and repaid at the end of the maturity period together with the accrued interest.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

Accruals Accrue Accrued Accruement Accruements accruer

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