Strip-bond
noun, Finance.
1.
a bond that has been stripped into its principal certificate and interest coupons, each part to be sold separately.
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noun 1. a relatively long, narrow band of a different color, appearance, weave, material, or nature from the rest of a surface or thing: the stripes of a zebra. 2. a fabric or material containing such a band or bands. 3. a strip of braid, tape, or the like. 4. stripes. a number or combination […]