going away

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Going away

The type of bond purchased by dealers for immediate resale to investors, as opposed to purchasing a bond to hold for some amount of time, and then reselling it at a future date.

Going Away

1. Buying a bond with the intention to immediately resell it. Dealers practice going away; this only rarely affects the bond's price.

2. Buying a large amount of a serial bond with a given maturity. Institutional investors practice this form of going away most often.

going away

The purchase by institutional investors of large amounts of a serial bond issue in a particular maturity.
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But Geordies buck the trend, with 75% saying they wouldn't even consider going away.
Even those who are not going away have been left short of cash.
The best thing you can do is just explain to your son in advance that you're going away for work.