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Meanings
1
discount bond
A bond issued at a price below its face value, with the full face value paid at maturity. Common in financial and investment contexts.
Discount bonds are issued at a price lower than their face value.
He purchased discount bonds as a safe investment.
Usage patterns
- 〈物〉を発行するto issue (a bond)
The government issued a new discount bond.
- 〈物〉を購入するto purchase (a bond)
He purchased a discount bond as a long-term investment.