A Bid Bond is a legal agreement that ensures that a bidder will fulfill stated obligations in a construction project, providing financial security to project owners.
A bond is a fixed-income instrument where individuals lend money to an issuer in exchange for periodic interest payments and the return of principal at maturity.
A bondholder is an investor who holds debt securities issued by corporations or governments, essentially lending money in exchange for periodic interest payments and repayment of principal.
A callable bond is an early redemption bond that gives issuers the flexibility to pay off debt before maturity, often enticing investors with higher interest rates.
An insightful and humorous exploration of corporate bonds, the debt securities that businesses use to raise capital while offering investors a potential source of income and risk.