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English definition of “medium-term security”

medium-term security

noun [C]
 
 
FINANCE, STOCK MARKET
a bond, etc. that will be paid back after about five or ten years: a medium-term security of 2 to 10 years In addition to the US Treasury, federal agencies also issue short- and medium-term securities.
(Definition of medium-term security from the Cambridge Business English Dictionary © Cambridge University Press)
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