Jump to content

letter bond

From Wiktionary, the free dictionary

English

[edit]

Noun

[edit]

letter bond (plural letter bonds)

  1. (finance) A bond that is not registered with the Securities and Exchange Commission and cannot be sold to the public.
    Synonym: letter security
Retrieved from "https://en.wiktionary.org/w/index.php?title=letter_bond&oldid=83478641"