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Glossary Term: SEASONED

Definition(s) for SEASONED:


1. ) In the case of equity, it means having gained a reputation for quality with the investing public and enjoying liquidity in the secondary market. With respect to convertibles, it means having traded for at least 90 days after issue in Europe, and thus available for sale legally to U.S. investors.


See Also:
SEASONED ISSUE OR SEASONED SECURITY, SEASONED LOANS, SEASONED ISSUE, SEASONED NEW ISSUE



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