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.
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SLOB

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.
References in periodicals archive ?
It might not be all down to them - if you've taken to slobbing round the house picking your nose in underwear that's seen better days, can you blame them?
Once Kathy does move in, she'll be spoilt for choice if she ever feels like slobbing out like Waynetta.
The younger generation prefer Wii tennis, online social networking and slobbing about in leisurewear, according to a survey.