YANKEE BOND Definition

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YANKEE BOND is a dollar bond issued by a non-U.S. borrower in the United States.

Learn new Accounting Terms

CAPITALIZED INTEREST is the accrued interest added to the principal balance of a loan while you are not making payments or your payments are insufficient to cover both the principal and interest due. When this occurs, you are paying interest on interest, sometimes called "negative amortization".

FLOTATION COST is the percentage cost of issuing new common stock.

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