Clinton Bond

A bond that is said to have no principal, no interest and no maturity.


Named after former President Bill Clinton and his well documented, um... extravagances. Also known sometimes as a Quayle Bond, named after former Vice-President Dan Quayle.

We're not sure if such a bond really exists. Even so, it is a hilarious buzzword.




Bond Basics Tutorial - What are bonds and do they belong in your portfolio? Get all the answers in this comprehensive tutorial.
Related Terms

Bond

Interest

Maturity

Principal

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