CONVENTIONAL

noun
17 Scrabble
23 WWF
C 3
O 1
N 1
V 4
E 1
N 1
T 1
I 1
O 1
N 1
A 1
L 1

Definition

A conventional gilt-edged security, a kind of bond paying the holder a fixed cash payment (or coupon) every six months until maturity, at which point the holder receives the final payment and the return of the principal.

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