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Aspirin definition - finance
An acronym for Australian Stock Price Riskless Indexed Notes. These are four-year, zero-coupon bonds that are guaranteed by the Treasury of New South Wales. The bonds are repayable at face value plus a percentage increase that the Australian All Ordinaries stock index rises above a predetermined level during the time period.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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