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Investments glossary

Variable Coupon Renewable Note (VCR)


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First responders did not find any drug paraphernalia or illegal drugs at the residence, the cause of death into Jackson Odell is pending an autopsy and toxicology report.

— Assistant Chief Coroner Ed Winter

A variable coupon renewable note (VCR) is a renewable fixed income security with variable coupon rates that are periodically reset. The renewable note is a type of debt security with a weekly maturity. The principal of this security is reinvested automatically at new interest rates, every week it matures.

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