| 单词 | delegation bond |
| 释义 | > as lemmasdelegation bond a. Finance. A type of share certificate issued in 1869 in order to raise capital for the building of the Suez Canal. Also (and in earliest use) in delegation bond in the same sense. Obsolete. ΚΠ 1869 Morning Post 21 Aug. 5/3 The delegation Bonds of the Suez Canal are in active request at an advance of 40fr. 1869 tr. in Let. 21 Sept. in From Calcutta to London by Suez Canal xxiv. 246 Prospectus of the emission of 120,000 Delegations, representing the realisation of the 30 millions due from His Highness the Khedive... These delegations have, as their object, to cover the sum of thirty millions of francs for which His Highness the Khedive holds himself indebted to the Company. 1900 Economist 22 Sept. 1336/1 The Suez Canal Delegations.—The last bulletin of the Suez Canal Company contains a notice to former holders of the bonds called délégations, issued in 1869, and conferring a right to a share of the profits for 25 years. These bonds were all paid off at par in 1894. < as lemmas |
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