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A bond is a debt instrument which joint-stock companies issue having equal par value and the same inscription with more than a year to maturity in order to find funds as per the laws commercial or capital market. These securities, which are based on debtor companies' paying their debts when the maturity date of coupon and/or capital arrives, borrow cheap and long-term funds to companies.
A bond is a type of security with fixed interest. Debtors (companies taking on debt) pays for periodic interest to the bondholders typically. In this case, bondholder does not participate in profit-loss risk of the company issuing the bond. Even if the company incurs the loss, it takes the specified capital and interest when the maturity date arrives. In case of bankruptcy and liquidation, since debts will be paid before liquidation, bondholders collect their payment before the shareholders.
In j-guar application, bonds which are issued by companies are recoded recorded using Bonds menu option located under Finance module > Definitions menu. In order to record a new bond or make changes on the existing bond definitions, use buttons, right-click menu options, Related Records, Attached Records and Info menu options in Bonds browser.

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