Bonds
Bonds
Financial glossary
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Finance
Definition of bonds
Bonds: A bond is a certificate of debt issued by companies and governments to raise cash. It usually pays interest and can be traded in a market. A bond is longer term than a and usually guarantees to repay the capital at an agreed future date. UK Government bonds are known as gilts or gilt-edged securities because in the nineteenth century, There are several time periods for UK gilts short (under five years to maturity), mediums (between five and fifteen years) and longs (which mature after fifteen years).
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Glossary of financial terms
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