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A certificate that promises to repay borrowed money in the future is commonly known as a bond. When an entity, such as a government or corporation, issues a bond, it borrows money from investors and agrees to pay back the principal amount at a specified maturity date, along with periodic interest payments. Bonds serve as a way for organizations to raise capital while providing investors with a fixed income investment option.

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1w ago

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Related Questions

What is a certificate that promises to repay borrowed money called?

A Bond (:


What is a certificate promising the government's repayment of money borrowed?

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Possible wars between coutries that money was borrowed from.


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If a bank lends you money that you don't have, in the future you will have to pay them back, more than you had borrowed. This is because, while the bankers wait, it costs more money to pay back then what you borrowed. I hope this helped you out! Thanks and have a great day!


Which of these describes the contract between the debtor and the creditor when a bond is sold?

the debtor promises to pay the creditor the borrowed money with interest at fixed intervals over a specific period of time