Adjustment Bond: See Income Bond;
A corporate debt issue that pays interest only when, and if, the company has income. Also called an adjustment bond.
Note: Corporate meaning issued or created by a corporation. Debt meaning a loan. Interest payment are monies paid in exchange for this loan. In this case this payment of debt only happens when the corporation has income, makes money after expenses.
This Is The Best Offer We’ve Ever Tested All Time.
Resurge is the world’s first and only anti-aging nutritional protocol that targets the true cause of unexplained weight gain, stubborn belly fat and metabolic slowdown.
Learn more about finance terms at Investopedia