income bond

noun

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

Examples of income bond in a Sentence

Recent Examples on the Web 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, 11 Jan. 2018

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'income bond.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

circa 1864, in the meaning defined above

Time Traveler
The first known use of income bond was circa 1864

Dictionary Entries Near income bond

Cite this Entry

“Income bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/income%20bond. Accessed 27 Feb. 2024.

Legal Definition

income bond

see bond sense 2

More from Merriam-Webster on income bond

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