ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Bond-A bond acts like a loan or an IOU that is issued by a corporation, municipality or the U.S. government. The issuer promises to repay the full amount of the loan on a specific date and pay a specified rate of return for the use of the money to the investor at specific time intervals.

Detailed explanation-2: -A bond is a debt security, similar to an IOU. Borrowers issue bonds to raise money from investors willing to lend them money for a certain amount of time. When you buy a bond, you are lending to the issuer, which may be a government, municipality, or corporation.

Detailed explanation-3: -Bonds 101. Bonds are a way for companies and governments to borrow money. A bond is an IOU-an investor loans the money needed for a specific length of time, at the end of which the bond issuer (i.e., the borrower) pays back the loan with interest.

Detailed explanation-4: -A bond is a debt obligation, like an IOU. Investors who buy corporate bonds are lending money to the company issuing the bond. In return, the company makes a legal commitment to pay interest on the principal and, in most cases, to return the principal when the bond comes due, or matures.

Detailed explanation-5: -myIOU accepts both debit and credit cards (Visa or MasterCard) issued by Malaysian financial institutions. At the moment, we don’t accept the following type of cards: American Express (AMEX) Japan Credit Bureau (JCB)