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Bond (view source)

Revision as of 13:53, December 9, 2007

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* in financial terms, it is a kind of investment.  
 
* in financial terms, it is a kind of investment.  
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* in criminal justice terms, it is money or property paid into [[court]] as security, such as guaranteeing the return of a [[defendant]] to [[court]]
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* in legal terms, it is money or property paid into [[court]] as security, such as guaranteeing the return of a [[defendant]] to [[court]]
    
A '''bond''' is essentially a promise or "IOU" by a borrower to pay fixed amounts to the holder of the '''bond''' on specified dates.
 
A '''bond''' is essentially a promise or "IOU" by a borrower to pay fixed amounts to the holder of the '''bond''' on specified dates.
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