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SLOB
(redirected from slobbiest)

   Also found in: Dictionary/thesaurus 0.01 sec.
Secured Lease Obligation Bond
A debt security that is secured by a lease on an asset. That is, the revenue the issuer obtains from the lease guarantees payment on the bond. It is important to note that only the lease (or a lease coupled with a lien on the asset) secures the bond. This is a common financing tool for electric companies building power stations.

SLOB


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