| NOUN | possession | corporate bond | a bond issued by a corporation |
|---|
| Meaning | 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. | |
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| Example | "a corporate bond is a safer investment than common stock in the same company" | |
| Broader | bond, bond certificate | A certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money |
| Spanish | obligación societaria | |
| Catalan | obligació societària | |
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