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Home > QFINANCE Dictionary > Definition of strip

Definition of

strip

Stockholding & Investments

separation of coupons from bond for sale individually the separation of the coupons from the principal of a bond in order to sell them separately as a package of interest coupons and a bond that repays principal without interest.

Related definitions of "strip"

Definitions of ’strip’ and meaning of ’strip’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’strip’ and other financial terms with our online QFINANCE Financial Dictionary.

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