superbond
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
14
Scrabble Score
9
Letters
3
Syllables
9
Unique Chars
Meaning
noun
A financial instrument that consolidates multiple debts into a single bond.
Example Sentences
- "In January 2013, the government announced that it had reached a deal with creditors to restructure its $544 million commercial external debt, commonly referred to as the “superbond.”"
- "In 2007 the debts had been aggregated into one superbond, whose interest rate began at 4.5 percent […]"
- "As part of that new bond, general obligation holders would have the first claim on government revenues, giving them the highest priority in the superbond structure."
- "Each vertex of the superbond lattice is surrounded by four bonds of the original lattice."
- "The current distribution in one superbond is by definition of the constant-current ensemble given for a unit current flowing through it."