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Extendable bond

• Bond whose maturity can be extended at the option of the lender or issuer.

 
 

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 Embedded terms in definition
 Bond
Issuer
Maturity
Option
 
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<< Expropriation Extendable notes >>

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No matter what you've done for yourself or for humanity, if you can't look back on having given love and attention to your own family, what have you really accomplished? Elbert Hubbard

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