Bond

Bond means a form of debt security in which the authorized issuer owes the bond holder (lender) a debt and is obligated to repay the principal and interest (coupon) at a later date(s) (maturity). An explanation of the type of bond and other bond stipulations must be attached to the bond issuance.

Source

7 CFR § 5001.3

Scoping language

The following definitions are applicable to the capitalized terms used in this part.