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 corporate bond corporate bond

noun

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