🔤 Conventional ✨
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URDU
🇬🇧
ENGLISH
📚noun
conventional
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PRONUNCIATION
Standard: kənvɛnʃənl
Phonetic: kənvɛnʃənl
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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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SYNONYMS
⚡
ANTONYMS
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Related Words