Notes and bonds are common financial contracts that businesses use to raise money.

Question

Quizplus · Accepted Answer

Notes and bonds are two common types of financial contracts that businesses use to borrow money. Notes are short-term debt securities, usually with a maturity of one year or less, while bonds are long-term debt securities with a maturity of over one year. Both notes and bonds are typically used by businesses to finance their operations or fund specific projects.

Notes and Bonds Are Common Financial Contracts That Businesses Use