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Investments glossary

Repudiation


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Quotes of the day:

a good tooth, gets no gold

— Severin Meiland

Repudiation involves disputing the validity of a contract and refusing to honor its terms. In investing, repudiation is most relevant in fixed income securities, particularly sovereign debt. Fixed income instruments are fundamentally contracts where the borrower lends a certain amount of principal in return for payments of interest and principal on a preset schedule.


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