The quick answer to this question is that a stripped bond (or "strip bond") is a bond that has had its main components broken up into a zero-coupon bond and a series of coupon payments.

More than two decades after the body of a 17-year-old Sayreville girl was found behind a strip mall in Sayreville, the man responsible for her murder has been found guilty by a jury in Middlesex ...

Instead, they are created by financial institutions such as investment banks, which purchase conventional Treasury securities and then strip the interest payments away from the principal to be ...

If the strip is too wide, it could prevent your window from closing properly, exacerbating the issue. Conversely, if the strip is too narrow, it won't effectively keep out draughts and won't ...