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letter bond

n.
1.a bond that has not been registered with the Securities and Exchange Commission and cannot be sold to the general public

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  • Idiom of the Day

    freak out
    to become angry or lose control of oneself
    I freaked out when I discovered that my reservation had not been made.



    1.
    S1: Progress and success are attained in slow degrees.
    S6: However, we must realise the truth that perfection is attained in slow proportions to the amount of labour put in by us.

    P: But slow progress makes us grow impatient, disheartened and discouraged.
    Q: The general tendency is to find fault with the system.
    R: It is for this reason that people condemn and criticise the government.
    S: People expect miracles and nothing short of a magical transformation can convince them.

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    gelotophobia : fear of being laughed at.      .. More >>
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