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What do banks and bonds have in common

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Answer: Characteristics of a bond

A bond is generally a form of debt which the investors pay to the issuers for a defined time frame.

Bonds generally have a fixed maturity date.

All bonds repay the principal amount after the maturity date; however some bonds do pay the interest along with the principal to the bond holders.

Characteristics of a Bank / Features of Banking

It may be an Individual/Firm/Company.

It is a profit and service oriented institution.

It acts as a connecting link between borrowers and lenders.

It deals with money.

It accepts deposits from public.

It provides Advances/Loans/Credit to customers.

Explanation: you can pull what things they are similar in from here, hope this helps

User Robert Gamble
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they both have money and deal w certain/similar things
User Va
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