
In economics, an investment bond that is purchased by a single payment, set up for a fixed period, and offered for sale by a life insurance company. The emphasis is on capital growth of the lump sum...
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http://www.encyclo.co.uk/local/20688

In economics, an investment bond that is purchased by a single payment, set up for a fixed period, and offered for sale by financial institutions. The emphasis is on capital growth of the lump sum invested rather than on income
Found on
https://www.encyclo.co.uk/local/21221
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