Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
corporate bond | Yes | No | No | No |
bond certificate | Yes | No | No | No |
corporate bond (noun) | bond certificate (noun) |
---|---|
a bond issued by a corporation; carries no claim to ownership and pays no dividends but payments to bondholders have priority over payments to stockholders | a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal |