deep-discount bond

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Definition of deep-discount bond words

noun deep-discount bond a fixed-interest security that pays little or no interest but is issued at a substantial discount to its redemption value, thus largely substituting capital gain for income 3

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adjective

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exclamation

A common word. It’s meaning is known to most children of preschool age. About 92% of English native speakers know the meaning and use the word.

Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

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