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bonds (finance)  

Definition

  • A form of debt issued by corporations, federal agencies, and local, state, and national governments, a bond is a financial security designed to pay back the bondholder on particular dates. Payments received by the bondholder typically consist of the repayment at the time of maturity of the principal amount borrowed as well as coupon payments (interest payments) made during the life of the bond (most commonly semi-annually, but often quarterly, monthly, or even once at the time the bond matures and the debt is retired). [Source: Encyclopedia of Business in Today's World; Bonds]

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https://concepts.sagepub.com/social-science/concept/bonds_(finance)

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