strip Definition

strip

Definition

Bond, usually issued by the U.S. Treasury, whose two components, interest and repayment of principal, are separated and sold individually as zero-coupon bonds. Strip is an acronym for Separate Trading of Registered Interest and Principal of Securities.

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strip is ...
... part of the Bonds subject.

Related Terms

asset stripper - More

I/O strip - More

principal-only strip - More

strip appears in these other terms

interest-only strip

strip appears in the definitions of these other terms on BusinessDictionary.com

primary account number (PAN), Acquisition, Development, and Construction (ADC) loan, continuous casting, electrical steels, strip financing, and

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