Clinton Bond

A bond with no coupon and no principal. That is, a Clinton bond is a bond that is literally worth nothing. The term originally referred to low-bond interest rates when Bill Clinton was president of the United States, which caused bond traders to lose money. The term is more of a buzzword; that is, it may be used to complain about fiscal policy than refer to real bonds. A Clinton bond is also called a Quayle bond, after former U.S. Vice President Dan Quayle.

References in periodicals archive

And Limerick southpaw Lee, a former Irish teammate of O'Neill's, knocked out Clinton Bonds in Memphis to chalk up his ninth straight pro victory.

Football: Wins for Irish trio

CLOSE: President Clinton with intern Monica at the White House; TOUGH TALK: Hillary Clinton in Washington yesterday and, inset, her book; BEST FRIEND: Clinton bonds with his dog Buddy

HILLARY ..IN HER OWN WORDS: I was so furious..I could hardly breathe. Gulping for air, I started crying and yelling at him 'What are you saying?' He stood there saying 'I'm sorry. I'm sorry'

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.