Outrageously Funny Word Dictionary :: Argentums

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What is the definition of argentums? 🙋

👉 In finance, "argentums" are a type of bond that pays interest on principal and interest plus any additional fees or costs. These bonds are typically issued by government entities or financial institutions to raise capital for projects or investments. The interest is usually paid monthly or quarterly, with the principal amount remaining unchanged throughout the life of the bond. They can be considered a type of "cash" asset because they provide an immediate source of income and can be redeemed at any time before maturity if the issuer decides


argentums

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