Business, Legal & Accounting Glossary
A U.S Treasury bond that is sold at a discount and redeemed at face value. No interest is paid during the life of the security and the bond is default-free. Certificate of government receipt is among the feline family of securities issued by the U.S. Treasury which have been stripped of their coupons.
COUGRs
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This glossary post was last updated: 21st November, 2021 | 0 Views.