Difference between revisions of "Bond"

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Revision as of 19:17, 20 December 2018

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.

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