Skip to definition.
Get the FREE one-click dictionary software for Windows or the iPhone/iPad and Android apps

Noun: corporate bond  kor-p(u-)rut bónd
  1. A bond issued by a corporation; carries no claim to ownership and pays no dividends but payments to bondholders have priority over payments to stockholders
    "a corporate bond is a safer investment than common stock in the same company"

Derived forms: corporate bonds

Type of: bond, bond certificate

Encyclopedia: Corporate bond