what does bond certificate mean?
BOND CERTIFICATE as NOUN
- Meaning
- a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money
- the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
Synonym(s)
Hypernyms(s) bond certificate is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
Hyponym(s)
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