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Definitions from the Web

Bank Bond

Definition:

A bank bond refers to a financial instrument that represents a loan made by an investor to a bank. It is a debt security used by banks to finance their operations or fund specific projects.

Sample Sentences:

1. The bank bond offered an attractive interest rate, making it a desirable investment option.
2. Investors are increasingly turning to bank bonds as a safer alternative to volatile stocks.
3. The bank issued a series of bonds to raise capital for infrastructure development.

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