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seasoned

   Also found in: Dictionary/thesaurus, Medical, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
Seasoned
In the case of equity, having gained a reputation for quality with the investing public and enjoying liquidity in the secondary market; in the case of convertibles, having traded for at least 90 days after issue in Europe, and thus available for sale legally to U.S. investors.
seasoned
Of, relating to, or being a security issue that has traded in the secondary market long enough to establish a track record for price variability and trading volume.


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