Difference between revisions of "Income bond"
(Created page with "Income bond is a bond that pays interest only if the interest is earned. These securities cannot bankrupt a company, but from an investor's standpoint, they are riskier th...") |
(No difference)
|
Revision as of 19:12, 29 October 2019
Income bond is a bond that pays interest only if the interest is earned. These securities cannot bankrupt a company, but from an investor's standpoint, they are riskier than “regular” bonds.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Income bond. Pays interest only if the interest is earned. These securities cannot bankrupt a company, but from an investor's standpoint, they are riskier than “regular” bonds.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.