undated securitynoun [ C ]
ukusa bond, etc. that pays interest but that will never be redeemed (= exchanged for cash):
The market for these undated securities was battered, with losses estimated at $400 million.
英语词典包含110679条英英释义在线翻译词条，基本涵盖了全部常用单词的英英翻译及用法，是英语学习的有利工具。