government bond

DEFINITIONS OF: government bond

Types:: show 5 types...; hide 5 types...; savings bond
non-negotiable government bond; cannot be bought and sold once the original purchase is made; Treasury, Treasury obligations
negotiable debt obligations of the United States government which guarantees that interest and principal payments will be paid on time; T-bill, Treasury bill
a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days; Treasury bond
a debt instrument with maturities of 10 years or longer; Treasury note
securities with maturities of 1 to 10 years; sold for cash or in exchange for maturing issues or at auction

Type of:: bond, bond certificate
a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal

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