Corporate bond - Financial definition
Concise definition of the term corporate bond
Corporate bonds are debt obligations issued by private and public corporations.
Comprehensive definition of the term corporate bond
Corporations use the funds they raise through the issuance of a bond for a variety of purposes like the building of facilities, the purchase of equipment or the expansion of their business.
The term corporate bond is used to distinguish them from bonds issued by other types of entities, like for example government bonds, which are issued by governments.
