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Bond
“A loan that you give to a government or company in exchange for interest payments.”

An I.O.U. note: you lend money for a set time and get paid interest along the way.
— Byte
Real example
A 10-year Dutch government bond at 3% pays you €30 a year per €1,000 lent, then returns your €1,000 at the end.
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⚠️ Educational only · Never financial advice · Read more