Government Bond

Business / Taxes / Government Bond: The term government bond is used to describe the debt securities issued by the federal government, such as US Treasury bills, notes, and bonds. They're also known as government obligations. You can buy and sell these issues directly using a Treasury Direct account or through a broker. Treasurys are backed by the full faith and credit of the US government, and the interest they pay is exempt from state and local, though not federal, income taxes. The cash raised by the sale of Treasurys is used to finance a variety of government activities. Debt instruments issued by government agencies are also described as government bonds, or government securities, though they are not backed by the government’s ability to collect taxes to pay them off. For example, bonds issued by the Government National Mortgage Association (Ginnie Mae) and the Tennessee Valley Authority (TVA) are government bonds.

Other Words for Bond

Bond Noun Synonyms: tie(s), shackles, chains, fetters, manacles, handcuffs, trammels, thongs, cord(s), rope(s), restraint(s), constraint(s), check(s), control(s), rein(s)
Bond Verb Synonyms: cement, bind, hold together, stick, cohere
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Other Words for Government

Government Verb Synonyms: rule, command, authority, regulation, control, management, direction, administration, sway, superintendence, supervision, oversight, guidance, domination
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Savings Bond

Business / Accounting / Savings Bond: A bond is a certificate representing a debt. A U.S. Savings Bond is a loan to the government. The government agrees to repay the amount borrowed, with interest, to the bondholder. Two types of savings MORE

Corporate Bond

Business / Taxes / Corporate Bond: Corporate bonds are debt securities issued by publicly held corporations to raise money for expansion or other business needs. Corporate bonds typically pay a higher rate of interest than federal or m MORE

Bond Fund

Business / Taxes / Bond Fund: A bond mutual fund sells shares in the fund to investors and uses the money it raises to invest in a portfolio of bonds to meet its investment objective — typically to provide regular income. The ap MORE

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