Related Financial Services - The following Debt Consolidation Loan Directory listings of companies are offered to assist you with gaining control of your personal finances and the management of your money. Also, feel free to review the rest of the sub-directories on DebtConsolidationLoan.com to shop for other finance products, such as credit cards and mortgage refinancing.
- Personal Loan - Looking for a personal loan to consolidate your credit cards? These loans are usually unsecured, meaning you are not required to provide collateral. Approval is often based upon factors as your income, credit and job history.
- Debt Consolidation - If you have a large amount of credit card and other debts, now may be a good time to consolidate your debt and lower your payments.
Bonds Definition
Define Bonds: A bond is a debt security authorized by the issuer and held by the purchaser. The issuer is obliged to repay the principle and stipulated interest, or coupon, at a later date, termed the bond's maturity date. In general, a bond is nothing more than a loan where the bond issuer is the borrower, the bond holder is the lender, and the bond coupon is the interest. Bonds are often issued by governmental organizations and are widely held by individuals.
For example, you may buy a Government Bond to support the construction of a sports stadium. In essence, you are lending the municipal government a small amount of money which will garner interest over a fixed period and then be repaid in full. Bonds usually have a lower rate of possible return than stocks, but are also considered to entail less risk to the investor. Depending, of course, upon the issuer of the bond. That is, a bond issued by a company with unstable financials may not be worth the paper on which it is printed.
Personal Finance and Debt Consolidation Glossary
Index: B
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Book Value