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income bond

   Also found in: Financial 0.02 sec.
income bond
n.
A long-term debt security in which the issuer is required to pay interest only when interest is earned.
income bond
n
(Economics, Accounting & Finance / Banking & Finance) a bond that pays interest at a rate in direct proportion to the issuer's earnings


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Top honors among the 6 funds we selected went to the Neuberger Berman High Income Bond Investors fund (NBHIX).
Find jewels in junk: high-yield bond funds are one way to beat the ... by Anderson, James A. / Black Enterprise
For a current income bond, the Wizard shows the current interest rate, the bond's next payment and final maturity dates, and allows a user to enter the amount of interest deferred from other bonds applied to the purchase of the current income bond.
Valuing U.S. Savings Bonds by Laffie, Lesli S. / The Tax Adviser
The Income Builder Fund is comprised of four funds that represent these asset classes - the First American High Income Bond Fund, U.
New First American Income Builder Fund Offers Potential for ... by Business Wire
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