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Meaning of minibond | Babel Free

Noun CEFR B2

Definitions

  1. A credit-linked note.
  2. A relatively small bond issue.

Examples

“The Hong Kong Association of Banks confirmed that the association has stopped buying back Lehman Brothers' minibonds as the legal risk keeps increasing.”
“Failing that, consideration would have to be given this fall to a minibond to address short term needs.”

CEFR level

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

See also

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