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Clinton Bond

What Does It Mean?
What Does Clinton Bond Mean?
A bond that is said to have no principal, no interest and no maturity.
Investopedia Says
Investopedia explains Clinton Bond
Named after former President Bill Clinton and his well-documented "extravagances". Also known as a Quayle Bond, named after former Vice-President Dan Quayle.

This rarely seen buzzword is more often used to make a point, than to actually represent a market stock.
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