MLchartDataset catalogue

Bond

Term · Law · MLC-T-LAW-000761

A formal written agreement or promise to pay a sum of money or perform a specific act, often secured by a penalty. In finance, it represents a debt instrument where an investor loans money to an entity, which in turn promises to pay interest and repay the principal on a specified maturity date. In law, it can refer to a surety bond, guaranteeing performance or payment.

Table 1. Record
IdentifierMLC-T-LAW-000761
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000761",
  "term": "Bond",
  "field": "Law",
  "definition": "A formal written agreement or promise to pay a sum of money or perform a specific act, often secured by a penalty. In finance, it represents a debt instrument where an investor loans money to an entity, which in turn promises to pay interest and repay the principal on a specified maturity date. In law, it can refer to a surety bond, guaranteeing performance or payment.",
  "url": "https://mlchart.com/terminology/law/bond/"
}

Record 564 of 5,441 in Law terminology (MLC-0107). Request the full dataset.