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minibond

noun — 2 senses

minibond

noun

Etymology From mini- + bond. The sense "credit-linked note" derives from the brand name Minibond, under which these were marketed by Lehman Brothers prior to the fall of 2008.

1

Business, Finance A credit-linked note.

Chiefly East Asia

  • The Hong Kong Association of Banks confirmed that the association has stopped buying back Lehman Brothers' minibonds as the legal risk keeps increasing.2008 December 5, “HKAB stops minibond buybacks”, in Hong Kong Standard:
2

Business, Finance A relatively small bond issue.

  • Failing that, consideration would have to be given this fall to a minibond to address short term needs.2000 July 7, Barry M. Siegel, “New School Board Members Upbeat”, in Port Washington News, archived from the original on 09 Jan 2009:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.