What is a bond?
Author: Asael Becker
Website: http://www.ABC-Bonds.com
Added: Sun, Sep 24, 2006 19:58:06
Category: Bonds Questions
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A bond is a debt instrument with a fixed interest of monetary assets issued in an agreed period of time. Bonds are normally used by people to finance their business and other personal expenses.
In layman's terms, a bond is normally referred to as loan which is secured. You as the borrower are referred to as the "issuer" in a bond. Your lender is termed the "bond holder" and your interest is what you call a "coupon."
keywords: Bond | Bonds | Financing | Secured Loan | Stocks | Investment | Investing About the Author:
Asael Becker answers frequently asked bonds questions at PrettyGreatAnswers.com.
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