Definition of US Government Bond
What is a US Government Bond
A US government bond is a fixed-income debt security issued by the United States government in support of national spending and to pay down debt. A US government bond is denominated in US dollars.
US Treasury bonds (T-bonds) are US government bonds that have an issued maturity between 10 and 30 years. T-bonds make semiannual interest payments until maturity, which is when the face value of the bond is paid to the owner.
Glossary of Terms and Phrases
A financial dictionary or glossary is an essential tool to better understand the meaning of a specialized term or phrase. It would obviously make life much easier if everyone spoke the same language and used the same financial terms and phrases but that is not realistic.
We learn new languages to communicate with each other, transact business globally and to appreciate other cultures. Global finance is a specialized language that if understood and mastered, it will provide benefits that help to decrease risk and improve investment returns. Financial literacy is the foundation of developing good investment strategies and sound decision making.