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Death Put |
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Death Put A provision in some indentures giving the survivors of a bondholder the right, but not the obligation, to sell a bond back to its issuer at the bondholder's death or legal incapacitation. The bond is sold at is face value and the proceeds are deposited into the estate of the bondholder. If interest rates are declining, the survivors may be able to make a great deal of profit. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | |
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| She was dreadfully burned about the breast and head, and death put an end to her sufferings in a short time. To put food or fluids into the mouth of someone close to death puts them at risk of choking and lung infections. His death put the country into a prolonged state of national mourning. |
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