corporate bond oor Hebreeus

corporate bond

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a bond issued by a corporation; carries no claim to ownership and pays no dividends but payments to bondholders have priority over payments to stockholders; "a corporate bond is a safer investment than common stock in the same company"

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bond issued by a corporation
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In 1839, the Harvard Corporation voted to appoint William Cranch Bond, a prominent Boston clockmaker, as "Astronomical Observer to the University" (at no salary).
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When Canadian guarantees of the CPR's bonds failed to make them salable in a declining economy, Macdonald obtained a loan to the corporation from the Treasury—the bill authorizing it passed the Senate just before the firm would have become insolvent.
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