Sign up to make the most of YourDictionary
By signing in, you agree to our Terms and Conditions
We'll see you in your inbox soon.
Shogun bond Straight bond denominated in foreign currency, other than JPY, issued by a foreign issuer on the Japanese capital market.
However, training levy schemes in which the levy depends upon the wage bill are shown to address capital market imperfections only.
In any case I suspect that capital market indexation is safer than wage indexation.