Bond defined as evidence of debt; holder is creditor and issuer promises repayment and interest. The term Bond denotes a certificate or evidence of debt creating an obligation to repay borrowed money, often with a promise to pay interest; a bondholder ... Summary
Bond defined as evidence of debt; holder is creditor and issuer promises repayment and interest.
The term Bond denotes a certificate or evidence of debt creating an obligation to repay borrowed money, often with a promise to pay interest; a bondholder is a creditor and bonds commonly may be secured by a mortgage.
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