GLOSSARY

Bond

IN PLAIN ENGLISH

A loan to a government or company that pays interest and repays a fixed amount on a set date.

WHERE YOU MEET IT

Individual bonds can't be tracked in the app; bond funds can, like any fund.

WATCH OUT FOR

You're a lender, not an owner: the most you get back at maturity is par.

EXPLAINED IN

What a bond actually is

Educational content only. It is not personal financial advice.