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LEGAL TERMS DIRECTORY
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z BondA bond is a debt instrument issued for a period of time with the purpose of raising capital by borrowing from purchasers. When you purchase a bond, you are essentially lending the issuing party your money. The bond you purchased then represents a promise by the issuing party to repay the amount of the bond (principal) by a certain date (maturity). Some bonds are interest bearing and pay the interest periodically. They are usually issued in multiples of $1,000 or $5,000, although $100 and $500 denominations are available. Welcome to our Legal Directory
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