income bond

American  

noun

1. a bond without a guaranteed amount of interest payment, such payment being usually made only out of earnings.

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income bond British  

noun

1. a bond that pays interest at a rate in direct proportion to the issuer's earnings

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Etymology

Origin of income bond

First recorded in 1885–90

Example Sentences

Aflac—the Columbus, Ga.-based company Mr. Amos’s father and uncles founded in 1955—sells “supplemental insurance,” the cash payouts of which recoup income loss, travel expenses and other costs that primary plans don’t cover.

From The Wall Street Journal • Oct. 29, 2025

Such income loss is putting tremendous strain on immigrant families, many of whom were already living on the margins.

From Barron's • Oct. 13, 2025

Climate Transparency, the advocacy group, had pegged India's potential income loss across services, manufacturing, agriculture and construction sectors from labour capacity reduction due to extreme heat at $159bn in 2021- or 5.4% of its GDP.

From BBC • Mar. 9, 2025

Almost 40 years in the future, a congressional commission would calculate the property losses, in 1983 dollars, at $1.3 billion, and a net income loss of $2.7 billion.

From Los Angeles Times • Jan. 31, 2025

Under this plan the relief was based upon property loss of the individual and the income loss incurred.

From The True Story of Our National Calamity of Flood, Fire and Tornado by Marshall, Logan