Story stock/bond

Definition:

A highly complex security that requires a long "story" so that investors may understand the corporation and be persuaded of its merits.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Thrift institution

An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions.

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