Difference between revisions of "Income bond"
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | 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. | :[[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. | ||
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Income bond]]. A bond that pays interest only if it is earned. | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 23:18, 1 November 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.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Income bond. A bond that pays interest only if it is earned.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
