👉 In finance, "disendows" refers to a type of financial instrument that is typically issued by a company or government entity. It typically consists of a series of bonds issued by the issuer along with an initial public offering (IPO) of shares of the same issue. Disendows are often used in mergers and acquisitions, where a company may be acquired by another entity. The issuer would then issue new securities to cover the debt incurred during the acquisition process. The term "disend