3 ms·
A bond is an asset, just as shares are, as they are securities you can buy in exchange for future cash flows (contractual in the case of the bond, discretionary
by retube 7y ago
A bond is an asset, just as shares are, as they are securities you can buy in exchange for future cash flows (contractual in the case of the bond, discretionary for the share). Both are only a liability for the issuer.