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Meaning of CoCo bond | Babel Free

Noun CEFR B2

Definitions

A contingent/convertible bond; a fixed income bond which can be converted into equity if certain trigger conditions are met.

CEFR level

B2

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

See also

coco bread coco palm coco plum coco worm coco-de-mer coco-nut