bullet bond

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Bullet Bond

A bond with no special features that cannot be redeemed prematurely. That is, the bullet bond repays the entire principal at maturity and at no other time. It is also called a virgin bond. See also: Bullet.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

bullet bond

A bond that is noncallable.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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