installment bond


A set of bonds issued at the same time but having different maturity dates. also called serial bond.

Use installment bond in a sentence

You may want to try and invest in an installment bond that could be a nice low risk investment for you.

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The installment bond had maturity dates that varied which was great for our portfolio as we wanted some more diversification.

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Trish tried to plan for the future effectively, using her sudden cash influx to buy an installment bond so that she could count on money coming in at regular times.

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installment agreement installment contract