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Material-value clause
Clause in a bond loan agreement linking the amount of the nominal claim to a material substance or assets or to changes in the price of real (material) values. Depending on the type of link, a distinction is made, for instance, between a gold clause and an index clause.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
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