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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Collateral Trust Bonds

Definition:

Kind of like throwing your daughter's hand in marriage into the betting pool while playing poker. Sure, you might have the right (if this is the 18th century) but should you really? Actually, this is more legit than the previous example, it's when a company takes shares they own of another company, locks them in an escrow account and uses them as collateral for raising funds.

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