CORPORATE BOND

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

A bond issued by a corporation; carries no claim to ownership and pays no dividends but payments to bondholders have priority over payments to stockholders

Example:

a corporate bond is a safer investment than common stock in the same company

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("corporate bond" is a kind of...):

bond; bond certificate (a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal)

Credits