Multiple choice

What is a bond?

  1. a safe location for refugees

  2. a certificate promising the buyer a set amount in future

  3. a military blockage of a city or town

  4. WWII pilot whose mission was to crash his target
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A bond, in a financial context, is a debt security where the issuer owes the holders a debt and is obliged to pay them interest or repay the principal at a later date.

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