SLOB

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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

References in periodicals archive ?
Look at what's new out there: One of those sweet Adam Sandler movies where the rage and slobbishness his arrested male audience enjoys so much is neutered in pursuit of Drew Barrymore.
Slobbishness is the path to true love, according to new research.
But they also know where to draw the line and Sunday is their one concession to slobbishness.