Term Bond definition explanation

What is Term Bond?

An issue of bonds that all have the same maturity date. Read more for examples and further explanation including related video clips and also comments

Example explains Term Bond
Most corporate bonds are term bonds. Their time to maturity can range from short to long term. Upon maturity, the issuer pays all outstanding bondholders the amount owing. Term bonds can also be repaid prior to maturity if they are called or converted.

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