noun
straight bond; plain vanilla bond
A standard corporate bond without special features like convertibility or warrants. The abbreviation SB is used in financial contexts.
普通社債は、転換社債と違って株式に転換できません。
Unlike convertible bonds, straight bonds cannot be converted into shares.
この会社は普通社債を発行して資金を調達した。
The company raised funds by issuing straight bonds.
Compound of 普通 (ordinary) and 社債 (corporate bond). The term is a direct translation of the English 'straight bond'.