Corporate Bond
- Topics:
- Investment and Capital Markets
- Tags:
- Bond,
- Finance,
- Investment
- Source:
- Investopedia
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Overview: Similar to a mortgage with a bank, bonds are an issue by a borrower to a lender. When one buys a corporate bond he may be loaning one's money to a corporation for a predetermined period of time, (the maturity). In most cases the bond's par value is $1,000, this is the face value of the bond and the amount the lender will be repaid once the bond matures. This article explains and describes corporate bonds.
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