Definition of income bond
: a bond that pays interest at a rate based on the issuer's earnings
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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.
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.
First Known Use of income bond
circa 1864
Law Dictionary
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See words that rhyme with income bond Britannica.com: Encyclopedia article about income bond
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