Joint Bond

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Quotes of the day:

Everyone got caught up in the debate of deflation, Greece and the Ukraine crisis and so expectations were quite low, it now seems the deflation story is a positive one for the euro zone since cheaper oil means consumers spend less on energy and have more money in their purse.

— Christian Schulz

A joint bond, or a joint-and-several bond, is one where two or more parties guarantee interest and principal. In the case of default, the bondholders have the right to claim the assets of all the issuing institutions, corporations, or individuals. This dual responsibility reduces risk and the borrowing costs.

Joint Bond Account is a Good Idea until its NOT

Title: Joint Bond Account is a Good Idea until its NOT
Runtime: 16:56
View count: 14,697
Date posted: Jul 15, 2019

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Title: What is a Joint Bond?
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