INDEX-LINKED BOND Definition

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INDEX-LINKED BOND provides a secure investment in real terms, as the coupon payments and the redemption proceeds are linked to movements in the RPI (the Retail Prices Index).

Learn new Accounting Terms

TWO PARTY ENDORSEMENT, normally, is when two signatures are required to make a document or bank draft legal or authorized.

WRITE-DOWN is the reduction in the book value of an asset.

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