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corporate bond meaning and definition

Definition and meaning of corporate bond at MeaningMonkey.org. corporate bond meaning and definition in the English Dictionary.

CORPORATE BOND noun

Definition of corporate bond (noun)

  1. 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 corporate bond is a safer investment than common stock in the same company"
Source: Princeton University Wordnet
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