Definition of Passive bond

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TeachMeFinance.com - explain Passive bond




historic definition...

Passive bond -- A bond not bearing interest but entitling the holder to some benefit. An income bond is a passive bond.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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