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Face-amount certificate company
/fˈeɪsɐmˈaʊnt sətˈɪfɪkət kˈʌmpəni/
/fˈeɪsɐmˈaʊnt sɚtˈɪfɪkət kˈʌmpəni/Face-amount certificate company
01
a regulated investment company that pays a stated amount to certificate holders on a stated maturity date
Example
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