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Yankee bond

American  

noun

  1. a bond issued by a foreign corporation or country designed for sale in the U.S.

Example Sentences

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Since 1974 more than 50 Yankee bond issues have been sold in the U.S., almost all by governments or organizations whose credit is government-guaranteed.

From Time Magazine Archive

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.