Definitive security

The Jolly Contrarian’s Glossary The snippy guide to financial services lingo.™ →Go uptown File:Transylvanian Bond.jpeg The Undead yesterday: a definitive bond. From Transylvania. True story. Index — Click the ᐅ to expand: Glossary Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Not, since about 1978, a thing. A security which is security-printed and handed out to investors — Belgian dentists who like to take their coupons to a Luxembourg paying agent, cash up tax free and then depart for the proverbial coke and hooker-fueled Balearic bender.