What is a bond?
A) a financial intermediary
B) a certificate of indebtedness
C) a certificate of partial ownership in an enterprise
D) a mortgage

Question

Quizplus · Accepted Answer

A bond is a certificate of indebtedness, in which an investor loans money to an entity (typically a corporation or government) at a fixed interest rate for a specific period of time. The entity makes regular interest payments to the bondholder and returns the original investment (principal) at the end of the bond's term. Bonds can be bought and sold on the open market, making them a form of investment.

What Is a Bond