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词汇 undated-security
释义 undated security
noun[ C ]
ukus
a bond, etc. that pays interest but that will never be redeemed (= exchanged for cash):
The market for these undated securities was battered, with losses estimated at $400 million.

Examples of undated security


undated security
Is it not the case that the value of those funds has depreciated very considerably by being invested in only one undatedsecurity?
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It is an undatedsecurity.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I thought, in particular, that a rather disastrous blunder was made when, in deciding to redeem the local loans stock, resort was had to an undatedsecurity.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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