ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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PLUM Definition

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PLUM is an investment with a healthy rate of return.

 

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SUBORDINATED DEBENTURE, in securities, is a debt issue whose claim on assets is subordinated to that of general creditors in the event of a liquidation, as stated in the bond indenture.

GILT is a bond issued by the UK government. Gilts are equivalent to a U.S. Treasury security.


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