TRADEMARK Definition

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TRADEMARK is a formally registered symbol identifying the manufacturer or distributor of a product.

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DEMAND DEPOSIT is a bank deposit from which withdrawals may be made without notice.

PUTABLE BOND is a bond that contains a provision that allows the holder, or investor, a put option to tender the bond prior to maturity, generally at par. Normally a holding period, often several years, must occur before the put option may be exercised. However, the holder has flexibility, in the event interest rates go up, to tender this bond long before its normal maturity.

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