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put by

   Also found in: Dictionary/thesaurus, Idioms 0.03 sec.
See: store


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Asset trust will purchase series B preferred shares in an amount equal to the lesser of the designated amount (amount of shares proposed to be put by XLFA) and the aggregate principal proceeds received upon the maturity of the eligible investments on the settlement date after taking into account all losses on the eligible assets and the satisfaction of all obligations of asset trust due and payable on that date.
 
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