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staggered maturities
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Financial Dictionary
staggered maturities
In an investor's portfolio, bonds with differing maturity dates. For example, an investor may accumulate a $250,000 portfolio of bonds such that $10,000 face value of bonds matures each year for 25 years.
Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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