stepped interest debenture

Definition

Debt security on which the interest rate is low in the early years, and is increased by stages to a rate that remains fixed until the security's redemption.

Popular 'Accounting & Auditing' Terms

stepped interest debenture in the news

Loading...

This content can be found on the following page:

http://www.businessdictionary.com/definition/stepped-interest-debenture.html

Search for another term



Tools

stepped interest debenture is...

... in the Accounting & Auditing, Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.

Nearby Terms

Search volume for stepped interest debenture

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z