going away
(redirected from go away)Also found in: Dictionary, Thesaurus, Acronyms, Idioms, Wikipedia.
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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
2. Buying a large amount of a serial bond with a given maturity. Institutional investors practice this form of going away most often.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
going away
The purchase by institutional investors of large amounts of a serial bond issue in a particular maturity.
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.