Meaning SOUR BOND: A bond issue that has defaulted on interest or principal payments, and will thus trade at a large discount and a poor credit rating
More terms such as Sour bond in Dictionary S.
- Definition Short Hedge:
- Examples The sale of futures contracts to eliminate or lessen the possible decline in value of an approximately equal amount of the actual financial instrument or physical commodity. Related: Long hedge sour bond definition.
- Definition Straddle:
- Examples Purchase or sale of an equal number of puts and calls with the same terms at the same time. Related: Spread sour bond explain.
- Definition Socially Conscious Mutual Fund:
- Examples A mutual fund that does not invest in companies that have interests in socially unacceptable markets or produce harmful products or by-products, such as high levels of environmental pollution sour bond what is.
- Definition Stochastics Index:
- Examples A computerized tool measuring overbought and oversold conditions in a stock over a certain period sour bond meaning.
- Definition Savings Rate:
- Examples Personal savings as a percentage of disposable personal income sour bond abbreviation.
