interest-bearing bond JUST WRITTEN FOR YOU
/ˈɪn.tərɛstˈbɛr.ɪŋ ˈboʊnd/ · in.ter.est.bear.ing.bond
noun
- A type of bond that pays interest to the holder, typically in the form of periodic interest payments or a lump sum at maturity. The investor purchased an interest-bearing bond with a 5-year term and a fixed interest rate of 4%.
noun
- A financial instrument that represents a loan made by an investor to a borrower, with the promise of regular interest payments and eventual repayment of the principal amount. The company issued interest-bearing bonds to raise capital for its expansion plans.
Did you know? Interest-bearing bonds are often used by governments and corporations to raise capital for various purposes, such as infrastructure development or business expansion.