Term Bond
An issue of bonds that all have the same maturity date. Investopedia Says:
Most corporate bonds are term bonds. Their time to maturity can range from short to long term. Upon maturity, the issuer pays all outstanding bondholders the amount owing. Term bonds can also be repaid prior to maturity if they are called or converted. Related Terms:
Bullet Bond
Callable Bond
Convertible Bond
Corporate Bonds
Maturity
Maturity Date
Serial Bond |