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English definition of “corporate bond”

corporate bond

noun [C]
 
 
STOCK MARKET
a bond that is produced and sold by a company, or the official document relating to this: invest in/buy corporate bonds A lot more older people are investing in corporate bonds. Telefonica intends to finance its expansion with $120 million in corporate bonds.
(Definition of corporate bond from the Cambridge Business English Dictionary © Cambridge University Press)
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