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Return To Bonds FAQ Archive   What is a bond? Answered By Editor A bond is a debt instrument with a fixed interest of monetary assets issued in an agreed period of time. Bonds are normally used by people to finance their business and other personal expenses. In layman's term a bond is normally referred to as loan which is secured. You as the borrower is referred to as the "issuer" in a bond. Your lender is termed as "bond holder" and your interest is what you call "coupon." keywords: Bond | Bonds | Financing | Secured Loan | Stocks | Investment | Investing Cashing Us Savings Bonds

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