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Pay-up

Definition: [crh] The loss of cash resulting from a swap into higher-priced bonds or the need/willingness of a banDefinition: k or other borrower to pay a higher rate of interest to get funds. Used in the context of general equities. (1) When an Definition: >investor who wants to buy a stock at a particular price hesitates and the stock begins to rise; instead of letting the stock go, he "pays up&Definition: quot; to buy the shares at the higher prevailing price. (2) Buy shares in a high-quality company at what is felt to be a high, but supportable, prDefinition: ice due to its quality.

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