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Concept information

Preferred term

BONDS  

Definition

  • A NEGOTIABLE CERTIFICATE THAT ACKNOWLEDGES THE INDEBTEDNESS OF THE BOND ISSUER TO THE HOLDER. IT IS NEGOTIABLE BECAUSE THE OWNERSHIP OF THE CERTIFICATE CAN BE TRANSFERRED IN THE SECONDARY MARKET.

Broader concept

Narrower concepts

History note

  • DEFINITION ADDED JULY 2012

Definition source

  • WIKIPEDIA

URI

https://hasset.ukdataservice.ac.uk/97082a8f-be76-46c8-8f02-ae9366da3167

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