corporate(redirected from Corporates)
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Related to Corporates: cooperates
Debt securities issued by a for-profit company instead of a government. Corporate bonds are a major way companies raise funds for their operations or for a specific project. The risk of a corporate bond for a bondholder depends on the creditworthiness of the issuing company. As with all bonds, corporate bonds have a maturity, at which time the principal is repaid to bondholders. They also usually have a stated coupon rate. Corporate bonds are taxable.
Of or relating to a bond issued by a corporation as opposed to a bond issued by the U.S. Treasury or a municipality.