Group of 3 Illinois Women's Athletic Club - $100 and $500 BondInv# SR1111 Bond
$100 Orange, $500 Green and $500 Brown 7% Bond printed by Central Banknote Company and American Banknote Company. Set of 3!
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.