In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) and/or to repay the principal at a later date, termed maturity. It is a formal contract to repay borrowed money with interest......
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A stock market is a public market for the trading of company stock and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately.The size of the world stock market was estimated at about $36.6 trillion US at the beginning of October 2008......
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New York Stock Exchange is an equity (stock) exchange located at 11 Wall Street in lower Manhattan, New York, USA. It is the largest stock exchange in the world by dollar value of its listed companies' securities.[3] As of October 2008, the combined capitalization of all domestic New York Stock......
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