GLOBAL BOND Definition

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.

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LLCR is Loan Life Coverage Ratio.

COST EFFECTIVE is when a judgment is made that something is economical in terms of the goods or services received for the money spent.

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