DOLLAR BOND Definition

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DOLLAR BOND is long-term municipal bonds quoted on a decimal or dollar price basis versus other municipal bonds, which are normally quoted on the basis of yield to maturity.

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ALLOCATION is the act of distributing by allotting or apportioning; distribution according to a plan, e.g., allocating costs is the assignment of costs to departments or products over various time periods, products, operations, or investments. See ALLOCATE.

NET SALES TO GROSS SALES shows the percent of all transactions that may be considered as "good" net transactions. Differences may arise from returns, bad product, or other sales concessions.

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