adjustment bond meaning
Meaning
Mobile
- [Economics]
A bond issued in exchange for existing bonds when a business in financial difficulties is being restructured.
[Finance]
A bond issued in exchange for outstanding bonds when a corporation facing bankruptcy is recapitalized.
Examples
- And the rest of what was owed, $ 51 . 7 million, was put into a security called an adjustment bond.
- The bonds rose in value until 1931, when the adjustment bond almost sold for its full $ 1, 000 face value.
Other Languages
- "adjustment bond" meaning in Chinese: 调整债券
- "adjustment bond" meaning in Japanese: 整理社債{せいり しゃさい}
- "adjustment bond" meaning in Russian: фин. облигация урегулирования * , урегулирующая [коррект...
What is the meaning of adjustment bond and how to define adjustment bond in English? adjustment bond meaning, what does adjustment bond mean in a sentence? adjustment bond meaning,adjustment bond definition, translation, pronunciation, synonyms and example sentences are provided by eng.ichacha.net.