Define: Stepped Bond

UK Accounting Glossary

Definition: Stepped Bond


Quick Summary of Stepped Bond


Loan finance that starts with a relatively low rate of interest which then increases in steps.




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Page URL
https://payrollheaven.com/define/stepped-bond/
Modern Language Association (MLA):
Stepped Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 19, 2019 https://payrollheaven.com/define/stepped-bond/.
Chicago Manual of Style (CMS):
Stepped Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/stepped-bond/ (accessed: November 19, 2019).
American Psychological Association (APA):
Stepped Bond. PayrollHeaven.com. Retrieved November 19, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/stepped-bond/

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This glossary post was last updated: 23rd December 2018.