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B
is for Bond
An IOU from a company or government.
A BOND is like lending money. You give a company or government some KidCoins, and they promise to pay you back later with a little extra.
Example
Lend 100 KC for 1 year and get back 105 KC.
Mini-Quiz · +150 KC if you pass
1. A bond is most like…
2. Bonds usually pay…
3. Who can sell bonds?