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Definition of Bond


Definition: A bond is a fixed interest financial asset issued by governments, companies, banks, public utilities and other large entities. Bonds pay the bearer a fixed amount a specified end date. A discount bond pays the bearer only at the ending date, while a coupon bond pays the bearer a fixed amount over a specified interval (month, year, etc.) as well as paying a fixed amount at the end date.

Terms related to Bonds:

About.Com Resources on Bonds: Writing a Term Paper? Here are a few starting points for research on Bonds:

Books on Bonds:

  • Bond market rules : 50 investing axioms to master bonds for income or trading - Michael D Sheimo, McGraw-Hill, 2000.
  • Savings bonds : when to hold, when to fold and everything in-between - Daniel J Pederson, Sage Creek Press, 1999. (4th edition)
  • The small investor : a beginner's guide to stocks, bonds and mutual funds - Jim Gard, Ten Speed Press, 1996.
  • Junk bonds : how high yield securities restructured corporate America - Glenn Yago, Oxford University Press, 1991.
  • Municipal bonds : the comprehensive review of tax-exempt securities and public finance - Robert Lamb; Stephen P Rappaport, McGraw-Hill, 1980.
Journal Articles on Bonds:

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