A bond is a security through which an issuer promises to pay the buyer a certain amount of money by a specified future date.

Name: A bond is a security through which an issuer promises to pay the buyer a certain amount of money by a specified future date.
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A bond is indeed a financial security in which the issuer is obligated to pay the holder a specified sum of money at predetermined future dates, typically including periodic interest payments and the return of the principal at maturity.

A Bond Is a Security Through Which an Issuer Promises