What is Bond? | SIE, SERIES6, SERIES7 Exam Prep

A bond is a fixed-income debt security where the issuer owes the holder a debt and pays interest (coupon) plus principal at maturity. 📚 Learn more about Bond and other key terms for your SIE, SERIES6, SERIES7 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES6, SERIES7 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Bond definition: https://www.open-exam-prep.com/glossary/bond 💡 Exam Tip: Inverse relationship: Interest rates UP = Bond prices DOWN --- #securities #examprep #financeexam #sie #series6 #series7