First Sentence:
A bond is a security that represents a debt on the part of the bond's issuer (the borrower) and a loan on the part of the bond's owner (the lender, or creditor).
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Key Phrases - Statistically Improbable Phrases (SIPs):
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bond price quotations, scheduled maturity, individual bond issues, maturity lengths, discount from face value, realized yield, subject investors, semiannual interest payments, high credit quality, nominal yield, funds levy, early redemption, coupon rate, corporate bond issues, sales fee, indenture agreement, unit investment trusts, net asset value, unexpected inflation, new bond issues, municipal bonds, corporate bonds
Key Phrases - Capitalized Phrases (CAPs):
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Federal Reserve, Ginnie Mae, Kudzu Fund, The Wall Street Journal, New York, United States, State of Georgia, Mergent Bond Record
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