Bond is a negotiable instrument evidencing debt, under which the issuer promises to pay the holder its face value plus interest as agreed.
In simple words bond is a debt security that promises to makes payments periodically for a specified period of time.
Bond is a financial security which represents the promise of its issuer (usually a company or a government) to repay a loan over a specified time period, at a specified rate of interest. The bond can then be bought and sold to other investors, over and over again.
A Bond is an interest-bearing certificate issued by a government or corporation, promising to repay a sum of money (the principal) plus interest at a specifi ed date in the future.
Bonds are debt and are issued for a period of more than one year. The US government, local governments, water districts, companies and many other types of institutions sell bonds. When an investor buys bonds, he or she is lending money. The seller of the bond agrees to repay the principal amount of the loan at a specified time. Interest-bearing bonds pay interest periodically.
Bond is a form of long-term debt financing that is an agreement between a firm and an investor, with specific terms spelled out in an indenture.