Financial TermsMutual Fund Service System (MFSS) Nostro Account Depreciation NEFT Vote on Account Foreign Inward Remittance Certificate
Harmless Warrants
Harmless Warrants, a bond provision, provides bondholders with the option to relinquish their bond, on the condition that the borrower must acquire another bond with identical characteristics from the same company. This provision serves as a safeguard for bondholders, ensuring that they are not left without a bond in the event of a borrower default. It also benefits the borrower by giving them the opportunity to maintain their financial standing with the bondholder.
Related terms
Understand the meaning and definition of Mutual Fund Service System (MFSS) in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Nostro Account in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Depreciation in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of NEFT in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Vote on Account in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Foreign Inward Remittance Certificate in the context of stock market, trading, and investments.
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