straight bond - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “straight bond”

straight bond

noun [C]
 
 
( also plain vanilla bond) FINANCE
a bond that pays interest twice a year and returns the original money invested at the end of the investment period, rather than one with special characteristics: These fixed-interest securities are more complicated than straight bonds.
(Definition of straight bond from the Cambridge Business English Dictionary © Cambridge University Press)
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