| Clinton Bond |
 A bond that is said to have no principal, no interest and no maturity.
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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.
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Bond Basics Tutorial - What are bonds and do they belong in your portfolio? Get all the answers in this comprehensive tutorial. |
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