Investment Bonds – bonds that represent debt and pay interest:

investment bonds:

1. The obligations of private and public bodies taken by the holders as investments.  12 Am J2d Bonds § 49. [1]

1. One form of investment security.  EXAMPLES: coupon bonds; municipal bonds; serial bonds.

1. Bonds that represent debt and pay interest are called investment bonds.  EXAMPLES of investment bonds issued by corporations include convertible bonds, coupon bonds, guaranteed bonds, registered bonds, serial bonds, and term bonds.  (Also see junk bonds.)  Unsecured, long-term corporate bonds are called debentures.  EXAMPLES of investment bonds issued by government include municipal bonds, savings bonds, and school bonds.
     See government bonds.[2]


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[1]: Ballantine’s Law Dictionary with Pronunciations
Third Edition by James A. Ballantine (James Arthur 1871-1949).  Edited by William S. Anderson.  © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY.  Library of Congress Catalog Card No. 68-30931

[2]:  Ballantine’s Law Dictionary Legal Assistant Edition
by Jack Ballantine 
(James Arthur 1871-1949).  Doctored by Jack G. Handler, J.D. © 1994 Delmar by Thomson Learning.  ISBN 0-8273-4874-6.


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