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Term of the Day
Clinton bond
climb
cliquet option
Definition
A rarely seen
investment
vehicle
that is said to have no
principal
,
interest
or
security
. The tongue-in-cheek label references former
President
Bill
Clinton.
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Nearby Terms
client
clientele
clientele effect
cliff vesting
climb
Clinton bond
cliquet option
CLO
clone
clone fund
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