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Saving & Investing

Bond

An IOU issued by a government or company: you lend them money, they pay you interest (the coupon) and return the principal at maturity. Bond prices move opposite to interest rates — when rates rise, existing bonds are worth less.

Where this is taught

Definitions are the trailer. These free levels turn Bond into something you play — one bite-size lesson, with worked examples, a quiz and XP.

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