Definition for Z bond
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Revision as of 10:36, 15 June 2017 by Bio man (Talk | contribs) (Created page with "A bond on which interest accrues but is not currently paid to the investor but rather is added to the principal balance of the Z bond and becoming payable upon satisfaction of al...")
A bond on which interest accrues but is not currently paid to the investor but rather is added to the principal balance of the Z bond and becoming payable upon satisfaction of all prior bond classes.