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Glossary > I > "Income bond" Definition

Income bond

A bond on which the payment of interest is contingent on sufficient earnings. These bonds are commonly used during the reorganization of a failed or failing business.

A bond which provides income over its life and at maturity the original investment is returned. See: "guaranteed income bond".

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Income bond - A bond on which the payment of interest is contingent on sufficient earnings. These bonds are commonly used during the reorganization of a failed or failing business.

A bond which provides income over its life and at maturity the original investment is returned. See: "guaranteed income bond".

Income bond : a bond on which the payment of interest is contingent on sufficient earnings. these bonds are commonly used during the reorganization of a failed or failing business.

a bond which provides income over its life and at maturity the original investment is returned. see: "guaranteed income bond".