What is a Bond?
A bond is a certificate that promises to pay the holder a certain amount of money on a certain date. Corporations sell bonds to investors in order to raise money on a certain date.
Let us connect on social media forever;
Somtochukwu
Visionary Leader and Development Economist in Nigeria. CEO at Bufiredd Economic Consults Ltd
Latest posts by Somtochukwu (see all)
- Stock Exchange; Definition, Division and Functions - January 18, 2024
- What is a Cheque? Features & Function of a Cheque - January 17, 2024
- Some of the Various Ways the Government Participates in the Economic Activities of a country. - November 30, 2023