Bond

Bond

A debt instrument issued for a period of more than one year with the purpose of raising capital. They are issued by the Federal Government, states, cities, corporations, and many other types of institutions. A bond is generally a promise to repay the principal along with interest on a specified date (maturity).

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Part of Speech: noun
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Industry/Domain: Financial services
Category: Funds
Company: Merrill Lynch
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Related terms

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Chemistry; General chemistry

The attraction and repulsion between atoms and molecules that is a cornerstone of chemistry.

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Class of printing/writing papers made from bleached chemical wood pulps and cotton fibers.

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The level of adherence of one substance to another.

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A chemical link between atoms is called a bond.

buy fund symbol

Financial services; Funds

The fund symbol that you are buying when entering a mutual fund exchange.

buy order(purchase)

Financial services; Funds

In securities trading, an order to a brokerage firm/broker to purchase a specified quality of a security at the market price or limited price.

buy put

Financial services; Funds

An option contract that gives the holder the right to sell the underlying security at a specified price for a certain, fixed period of time.

buy stop order(purchase)

Financial services; Funds

Buy order that is entered at a price above the current offering price and becomes a market order when the current market price touches or goes through the buy stop price.

buy to close

Financial services; Funds

Buying an option contract to close out a pre-existing short position.

buy to cover

Financial services; Funds

The purchase of a long position to offset a short position.

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