Difference between revisions of "Bond"
(→Definitions) |
|||
| Line 9: | Line 9: | ||
According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
:[[Bond]]. A long-term debt instrument. | :[[Bond]]. A long-term debt instrument. | ||
| + | According to [[Macroeconomics by Mankiw (7th edition)]], | ||
| + | :[[Bond]]. A document representing an interest-bearing debt of the issuer, usually a corporation or the government. | ||
==Related concepts== | ==Related concepts== | ||
| Line 16: | Line 18: | ||
*[[Corporate Accounting]]. | *[[Corporate Accounting]]. | ||
| − | [[Category: American Accounting]][[Category: Articles]] | + | [[Category: American Accounting]][[Category: Articles]][[Category: Economics]] |
Latest revision as of 16:47, 1 July 2020
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.
According to Macroeconomics by Mankiw (7th edition),
- Bond. A document representing an interest-bearing debt of the issuer, usually a corporation or the government.
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.
