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Glossary > S > "Strip" Definition

Strip

1. For bonds, the process of removing coupons from a bond and then selling the separate parts as a zero coupon bond and interest paying coupons. Also known as a stripped bond or zero coupon bond.

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Strip \ 1. For bonds, the process of removing coupons from a bond and then selling the separate parts as a zero coupon bond and interest paying coupons. Also known as a stripped bond or zero coupon bond.

Strip / 1. for bonds, the process of removing coupons from a bond and then selling the separate parts as a zero coupon bond and interest paying coupons. also known as a stripped bond or zero coupon bond.