Definition of Bond

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TeachMeFinance.com - explain Bond



Bond

The term 'Bond ' as it applies to the area of Medicare in the United States can be defined as '  A certificate of ownership of a specified portion of a debt due by the federal government to holders, bearing a fixed rate of interest'.

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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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