09: What is a Bond?

Finance With Kids - A podcast by Steve and Ava Coughran

Categories:

A financial bond is a type of loan that a person or organization gives to another. When someone buys a bond, they are lending money to the issuer in exchange for regular payments until the bond matures. Bonds are often used by governments and large companies to raise money for projects such as building infrastructure, providing services, and investing in research and development. Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question o...