retail note


Medium-term bond issued by a corporation. Retail notes can be purchased directly from the issuer in increments of $1,000, and are usually held until maturity. They typically offer a fixed interest rate for a period of nine months or more. Also called a retail bond.

Use retail note in a sentence

You should try a good retail note to invest in that will be a nice low risk way to keep your money safe.

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The retail note was a great choice for an investment because the security was safe and set to mature soon.

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David got his daughter Justice a $3,000 retail note for her birthday, to try and help her build her savings for college and her moving costs.

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