Akademik

irredeemable stock
irredeemable stock irredeemable stock stock1

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irredeemable stock UK US noun [U] (also undated stock) FINANCE
bonds where interest is paid to lenders, but the principal (= original amount borrowed) will not be paid back: »

If interest rates and inflation are high and likely to fall, then irredeemable stock should be reasonably safe.


Financial and business terms. 2012.