Although there are many types of these, they are basically loans that investors make to government or corporations in return for some gain. What are they?
A) short-term loans
B) long-term loans
C) IOUs
D) bonds

Question

Quizplus · Accepted Answer

Bonds are loans made by investors to governments or corporations, in which the borrower promises to pay back the principal amount plus interest over a set period of time. Bonds can be short-term or long-term, and may come in various forms such as treasury bonds, municipal bonds, corporate bonds, or convertible bonds. IOUs and short-term loans are also types of debt, but may not necessarily be classified as bonds.

Although There Are Many Types of These, They Are Basically