Sentence examples for sold interest from inspiring English sources
When bonds are sold, interest accrued since the previous interest-due date is added to the sale price.
Not true he has sold interest in American Mercury, nor severed relations with H.L. Mencken, nor going to Italy to write novel.
The background to the mis-selling scandal Serious failings in the way that banks sold interest rate hedge products were first uncovered by the City Watchdog in 2012, when it was known as the Financial Services Authority.
In legal warnings it outlined a string of potential worries, including an ongoing court case from investors who backed a cash call before its 2008 taxpayer bailout, court cases in the US involving Libor-rigging, cases accusing the bank of funding terrorists and the risk of court cases from business customers sold interest rate swaps.
£500m of losses for compensating small businesses who were wrongly sold interest rate hedging products.
The FSA will now contact other banks which sold interest rate hedging products to see if similar mis-selling practices went on.
According to the government, Armstrong sold interest-bearing notes to Japanese investors and, by mutual agreement, deposited the proceeds in managed accounts that his firm kept at Republic Bank, in New York.
Lloyds also more than tripled the amount during the fourth quarter of the year that it will use to compensate small businesses that were inappropriately sold interest-rate hedging products.
In a case of monumental bare-faced cheek, I know of one former mortgage broker who sold interest-only loans en masse, was drummed out of business and is now using his database to contact former clients to persuade them to re-employ him – this time to sue the lender for mis-selling.
Over the past year, the bank has sold interests in a cellular-telephone operator, an investment bank and small savings banks to shore up its profits.
Dealers, issuers and corporate treasurers sold interest-rate swaps as a hedging vehicle but found no one willing to take the other side of the trade.
