Difference between revisions of "Bond"
(→Definitions) |
|||
| Line 7: | Line 7: | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
:[[Bond]]. A promissory note issued by a business or a governmental unit. | :[[Bond]]. A promissory note issued by a business or a governmental unit. | ||
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Bond]]. A long-term debt instrument. | ||
==Related concepts== | ==Related concepts== | ||
Revision as of 23:09, 1 November 2019
Bond is an interest-bearing note payable usually in $1,000 denominations issued by a corporation to a large group of lenders.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Bond. An interest-bearing note payable usually in $1,000 denominations issued by a corporation to a large group of lenders.
According to College Accounting: A Practical Approach by Slater (13th edition),
- Bond. A promissory note issued by a business or a governmental unit.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Bond. A long-term debt instrument.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
