Income Bonds Definition | Becker
Accounting Dictionary
Income Bonds
Income bonds are bonds that pay interest only upon the achievement of target income levels (i.e., only if the interest is earned). See also debenture and subordinated debenture and junk bonds.
Related Terms:
Debenture [FARREGBAR]Subordinated Debenture [REGBAR]Junk Bonds [FARBAR]Back to Dictionary