Answer:
Bond
Explanation:
A promissory note or a promise to repay a certain amount of money at some point in the future is basically a bond.
A bond is a debt security that represents a loan made by an investor to a borrower, which is usually a corporation or government agency. It is a fixed-income investment, meaning that the borrower promises to pay a specific amount of interest over a set period of time and return the principal amount of the loan on the date of maturity. Bonds are issued for various purposes, such as raising capital, funding new projects, or refinancing debt.
CD (Certificate of Deposit) is a savings instrument issued by a bank or credit union that generally pays a fixed rate of interest over a set term. Mutual fund is an investment vehicle that pools money from multiple investors to purchase a portfolio of securities, such as stocks, bonds, or both. Stock is an ownership share in a company that represents a claim on part of the company's assets and earnings.