FACTOID # 51: Russia won the first World Air Games, held in Turkey in 1997. Events included hang-gliding, sky-surfing, and ballooning.
 
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Encyclopedia > Bonde

Bonde may mean:


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Discount bond - encyclopedia article about Discount bond. (4437 words)
In finance, a bond is a debt security, that is the issuer owes the holders a debt and is obliged to pay the principal and interest (the coupon), together with other obligations under the term of the issue, such as the obligation to give certain information.
Bonds are generally issued for a fixed term (the maturity) longer than one year.
Bonds and stocks are both securities, but the difference is that stock holders own a part of the issuing company (have an equity stake), whereas bond holders are in essence lenders to the issuer.
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