What is the meaning of Income bond?

Income bond is a bond whose payment of interest is contingent on sufficient earnings. These bonds are commonly used during the reorganization of a failed or failing business.

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APABarry Goldsmith. (2010). income bond. Retrieved September 22, 2026, from http://smartdefine.org/income_bond/definitions/1155856
ChicagoBarry Goldsmith. 2010. "income bond" http://smartdefine.org/income_bond/definitions/1155856 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, income bond, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/income_bond/definitions/1155856>.
MLABarry Goldsmith. "income bond" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/income_bond/definitions/1155856>