Removal from circulation of stock or bonds that have been reacquired or redeemed.
Similar Matches
Bonds Enabling Annual Retirement Savings (BEARS)
Bonds Enabling Annual Retirement Savings (BEARS) Holders of BEARS receive the face value
of bonds underlying call option, which are exercised by CUBS (an acronym for Calls Underwritten by Swanbrook). If the calls are exercised by CUBS, BEARS holders receive the total of the exercise price.
Debt retirement
Debt retirement The complete repayment of debt. See: Sinking fund.