![Crypto Terms Glossary: What is Corporate Bond? Crypto Terms Glossary: What is Corporate Bond?](/img/140/331/what-is-corporate-bond-sm.webp)
A corporate bond is a debt security a company issues in order to raise capital that can be traded on the secondary market. Purchasers of corporate bonds effectively lend money to the issuing company in return for a series of interest payments. Rating agencies like Moody's, Standard & Poor's, and Fitch evaluate the creditworthiness of corporate bonds.
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