bachelor bond
n.— «In approving the recapitalization plan, Cinram’s board said an equity raise, the degree of foreign ownership and the issuance of securities commonly referred to as “bachelor bonds” and “spinster equity” would all have to be addressed.» —“Cinram International shares jump over 14% on trust move, higher profit” by Romina Maurino Canada.com Nov. 4, 2005. (source: Double-Tongued Dictionary)
Further reading
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