income bond

noun

Definition of income bond

: a bond that pays interest at a rate based on the issuer's earnings

Examples of income bond in a Sentence

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But overall, Simply Money Advisors believes that the income bonds generate and their ability to act as ‘shock absorbers’ when the price of stocks fall are why bonds are a critical part of your investment mix. — Nathan Bachrach, Cincinnati.com, "How to apply for Social Security survivors benefits," 11 Jan. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'income bond.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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Dictionary Entries near income bond

income splitting

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The first known use of income bond was circa 1864

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More Definitions for income bond

income bond

Legal Definition of income bond

see bond sense 2

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