Bond — meaning explained

Bond: A loan you make to a government or company.

What it means

You lend money, they pay interest, then return your money at the end. Bonds are usually steadier than stocks but grow slower.

Category

Basics — part of the free InvestED Academy investing glossary for teens.

See it in action

Practise with real prices and fake money in the market simulator, or start the free course at module one.