Investing Dictionary
Options & Bonds

What is Bond?

A loan you give to a company or government that pays you interest

Full Explanation

When you buy a bond, you're lending money to a company or government. They pay you regular interest (the "coupon") and return your principal when the bond matures. Bonds are generally safer than stocks but lower return.

Real-World Example

Buy a 10-year Treasury bond at 4.5% yield — the government pays 4.5% annually and returns your money in 10 years.

Pro Tip

When interest rates rise, bond prices fall. When rates fall, bond prices rise. They move opposite.

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