Bond
Debt instrument issued by a government or company to raise money; pays regular interest with the original capital returned at maturity.
« Back to Glossary Indexby Mike Rawson ·
Debt instrument issued by a government or company to raise money; pays regular interest with the original capital returned at maturity.
« Back to Glossary Index
by Mike Rawson · Published April 12, 2016
by Mike Rawson · Published May 28, 2019 · Last modified June 1, 2019
by Mike Rawson · Published September 18, 2020
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A government that robs Peter to pay Paul can always depend on the support of Paul.