Bond (finance) facts for kids
A bond is a contract between two parties.
Bonds have a maturity date. This means that at some point, the bond issuer has to pay back the money to the investors. They also have to pay the investors a little bit more than they paid for the bond.
Bonds are usually traded through brokers and are part of a financial instrument group called Fixed Income. Banks and financial institutions offer loans on different terms against the security of assets.
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Bond issued by the Dutch East India Company in 1623
Bond (finance) Facts for Kids. Kiddle Encyclopedia.