- sell) the bond (back to the issuer) in the event of the beneficiary's death or legal incapacitation. Also known as a "survivor's option".
The death put may be redeemed at par value, and then all proceeds are deposited into the estate. Should interest rates increase substantially, the put may earn a large profit for beneficiaries of the estate.
Investment dictionary. Academic. 2012.
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death — W1S1 [deθ] n [: Old English;] 1.) a) [U] the end of the life of a person or animal ≠ ↑birth death of ▪ The death of his mother came as a tremendous shock. ▪ Cancer is the leading cause of death in women. ▪ How Danielle … Dictionary of contemporary English
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put to death — verb kill as a means of socially sanctioned punishment (Freq. 2) In some states, criminals are executed • Syn: ↑execute • Derivationally related forms: ↑execution (for: ↑execute), ↑ … Useful english dictionary
put — /poot/, v., put, putting, adj., n. v.t. 1. to move or place (anything) so as to get it into or out of a specific location or position: to put a book on the shelf. 2. to bring into some relation, state, etc.: to put everything in order. 3. to… … Universalium
put — 1. v. & n. v. (putting; past and past part. put) 1 tr. move to or cause to be in a specified place or position (put it in your pocket; put the children to bed; put your signature here). 2 tr. bring into a specified condition, relation, or state… … Useful english dictionary
put down — Synonyms and related words: Parthian shot, abase, abasement, abash, account for, accredit with, accrete to, acknowledge, affront, annihilate, ante, ante up, apply to, ascribe to, aspersion, asphyxiate, assign to, atrocity, attach to, attribute to … Moby Thesaurus
put away — Synonyms and related words: accomplish, achieve, annihilate, assassinate, attain, bank, bereave of life, bosom, bottle up, bump off, bundle away, bury, cache, carry away, carry off, chloroform, coffer, compass, consume, consummate, cool, cut down … Moby Thesaurus
death — [[t]dɛθ[/t]] n. 1) the act of dying; the end of life Compare brain death 2) the state of being dead 3) extinction; destruction 4) (usu. cap.) the agent of death personified, usu. represented as the Grim Reaper 5) rel loss or absence of spiritual… … From formal English to slang
death — noun 1) her father s death Syn: demise, dying, end, passing, loss of life; eternal rest, quietus; murder, assassination, execution, slaughter, massacre; informal curtains; formal decease; archaic expiry Ant: life … Thesaurus of popular words
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