Irredeemable

From ACT Wiki
Revision as of 00:43, 20 April 2020 by imported>Doug Williamson (Classify page.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

A bond, preference share, or other security which pays periodic coupons or dividends in perpetuity, but never repays the principal.

Also known as 'perpetual'.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Irredeemable&oldid=28684’