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Flat
(1) a net interest rate, in other words one without further additions.
(2) in the purchase or sale of fixed-income securities, trading without accrued interest (only applies to bonds in default).
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
Other Languages:
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