GLOBAL BOND Definition

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GLOBAL BOND is a bond issued and traded outside the country whose currency it is denominated in, and outside the regulations of a single country; usually a bond issued by a non-European company for sale in Europe; also called Eurobond.

Learn new Accounting Terms

COLLATERALIZE is to pledge property as security (collateral) for a debt.

CASTING, in accounting, is the summing of a column of figures.

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