bond fund

Definition

A mutual fund which invests in bonds, typically with the objective of providing stable income with minimal capital risk. also called debtholder.

Use bond fund in a sentence

You should try and find a good bond fund to invest in if you do not want to take on very much risk.l

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The bond fund was especially attractive as we wanted to diversify our risk while enjoying the low risk that bonds offer.

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Fifteen years of investing into their son's bond fund was enough to pay for the first semester of his college, with enough left over to lease books for five of his classes.

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