LETTER BOND

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

A bond that has not been registered with the Securities and Exchange Commission and cannot be sold to the general public

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("letter bond" is a kind of...):

letter security (a stock or bond that is not registered with the Securities and Exchange Commission and cannot be sold in the public market)

Credits