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The length of time until the maturity date is often referred to as the term or tenor or maturity of a bond.In some cases, both members of the public and banks may bid for bonds.1670s (transitive from bond (n.).
Government bonds such as those issued by the.S.Some bonds are callable, meaning that even though the company has agreed to make payments plus interest towards the debt for a certain period of time, the company can choose to pay off the bond early.