N a variable-rate bank loan used on international markets that is automatically replaced by a fixed-rate long-term bond if the long-term interest rates fall to a specified level; it thus combines the advantages of a bank loan with those of a bond 保息债券 [finance]
drop-lock bond保息债券
drop-lock bonds自变息债券
automatic drop lock自动三角座
drop lock clause降低锁住条款
floating rate drop lock bond闭锁最低利率浮动债券
knee drop and head lock跪膝夹头前摔
drop lock floating rate note附利率下限条款之浮动利率本票
floating rate drop lock bonds闭锁最低利率浮动债券
N(名词) a variable-rate bank loan used on international markets that is automatically replaced by a fixed-rate long-term bond if the long-term interest rates fall to a specified level; it thus combines the advantages of a bank loan with those of a bond 保息债券 [finance]