TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
strip bond [1 record]
Record 1 - internal organization data 2010-12-02
Record 1, English
Record 1, Subject field(s)
- Investment
- Stock Exchange
Record 1, Main entry term, English
- strip bond
1, record 1, English, strip%20bond
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- stripped bond 2, record 1, English, stripped%20bond
correct
- PO strip 3, record 1, English, PO%20strip
correct
- principal strip 3, record 1, English, principal%20strip
correct
- principal-only strip 3, record 1, English, principal%2Donly%20strip
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
A conventional bond that has been separated by an investment dealer into its principal and interest components (i.e., the bond residual and the coupons), which are then sold separately to investors at a discounted value. 4, record 1, English, - strip%20bond
Record number: 1, Textual support number: 1 OBS
... where traders clip the coupons off a fixed-interest bond or note and then sell the principal and interest parts separately to two groups of investors. Those seeking current income buy the strip of coupons and those wanting a lump sum at maturity, and a capital gain, buy the principal or "corpus" portion. Because each portion is worth less than its whole before taxes, both are sold at a deep discount from their face values. 5, record 1, English, - strip%20bond
Record 1, Key term(s)
- principal only strip
Record 1, French
Record 1, Domaine(s)
- Investissements et placements
- Bourse
Record 1, Main entry term, French
- obligation coupons détachés
1, record 1, French, obligation%20coupons%20d%C3%A9tach%C3%A9s
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- obligation démembrée 2, record 1, French, obligation%20d%C3%A9membr%C3%A9e
correct, feminine noun
- obligation à coupons détachés 3, record 1, French, obligation%20%C3%A0%20coupons%20d%C3%A9tach%C3%A9s
correct, feminine noun
- obligation sans coupon 4, record 1, French, obligation%20sans%20coupon
avoid, see observation, feminine noun
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Titre représentatif du principal d'une obligation dont on a détaché les coupons d'intérêt de manière à pouvoir négocier l'obligation et les coupons séparément, comme des titres à part entière. 3, record 1, French, - obligation%20coupons%20d%C3%A9tach%C3%A9s
Record number: 1, Textual support number: 1 OBS
Il est préférable d'éviter «obligation sans coupon» parce que ce terme pourrait aussi désigner l'obligation à coupon zéro qui est une obligation qui peut être émise sans coupon. 4, record 1, French, - obligation%20coupons%20d%C3%A9tach%C3%A9s
Record number: 1, Textual support number: 2 OBS
L'obligation coupons détachés est l'équivalent d'une obligation coupon zéro. Elle se négocie à une forte décote pour tenir compte de l'absence de versement périodique des intérêts. 3, record 1, French, - obligation%20coupons%20d%C3%A9tach%C3%A9s
Record 1, Spanish
Record 1, Textual support, Spanish
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