Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
Sound
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No pronunciation record was provided for this word.
noun
A risk-linked security that transfers risk related to disasters from the issuer, typically an insurance company, to investors. Such bonds and reinsurance are backstops to insurer insolvency from unexpectedly large losses.
Definition source: English Wiktionary via Wiktextract
Topics: business, insurance
No example sentence was provided for this meaning.
Synonyms: cat bond
Antonyms: none provided
History
No etymology was provided for this word.
