83.4k views
5 votes
What is a bond? in your own words. economics.​

1 Answer

3 votes

Answer:

A bond is a fixed income instrument that represents a loan made by an investor to a borrower bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments.

Step-by-step explanation:

User Andiwin
by
6.9k points