हिंदी

Explain the following term/concept in detail: Bond - Secretarial Practice

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प्रश्न

Explain the following term/concept in detail:

Bond

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उत्तर

A bond is a debt security. It is a formal contract to repay borrowed money with interest. A bond is a Loan. The holder of the bond is a lender to the institution. He is a creditor of the company. He gets a fixed rate of interest. All bonds have a maturity date and are paid in cash at a certain date in the future.

shaalaa.com
Sources of Borrowed Capital - Bonds
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2024-2025 (March) Model set 2 by shaalaa.com
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