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adjustment bond meaning

"adjustment bond" in a sentence
MeaningMobile
  • [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
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 meaningadjustment bond definition, translation, pronunciation, synonyms and example sentences are provided by eng.ichacha.net.