Bond

A debt investment issued by corporations, municipalities and governments, in which the issuer borrows money from an investor and agrees to settle the debt and the predefined interest rate at a predetermined later date.
Did you know?

U.S. President Richard Nixon is credited with enabling a free-floating currency system after ending the Bretton Woods Accord.

Word of the day
"Momentum Trader" - A forex trader who places trades around events that are likely to cause market volatility.
Pro Tip

Trades usually have more chances of being successful during high market activity.

UP