Concept
Version 6
Created by Boundless
Advantages of Bonds
San Francisco Pacific Railroad Bond
A bond is an instrument of indebtedness of the bond issuer to the holders. It is a debt security under which the issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay them interest (the coupon). In addition, the issuer might have to repay the principal at a later date, which is termed the maturity.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"South Carolina consolidation bond."
http://en.wikipedia.org/wiki/File:South_Carolina_consolidation_bond.jpg
Wikipedia
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