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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Reset Date

Definition:

The date when the rate adjustment of a dividend is set. "The preferred shares of BUBB will pay an interest rate no less than 50 basis points more than whatever the 10 year T-Bill is yielding on the last trading day of each quarter." That day is the reset date and it has nothing to do with post-divorce match.com subscriptions.

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