What is a bond?

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I really don’t understand and it’s getting embarrassing

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8 Answers

Anonymous 0 Comments

You want a cup of juice really bad and you see I have a whole carton of juice.

You tell me if I give you a cup of juice then you will give me one cup of juice + one extra cup of juice as soon as you grow up and mature.

I agree and give you one cup of juice.

X amount of years later, you come back and pour me 2 cups of juice.

Good example is war bonds.

Government NEEDS funds NOW for a war. In order to get it they tell the citizens to buy war bonds for let’s say 5 dollars a piece with a promise that on X date (usually a few years) when the bond is mature the citizen can sell it back to the government for $10.00 each.

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