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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Stepped Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 28, 2020 https://payrollheaven.com/define/stepped-bond/.
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Stepped Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/stepped-bond/ (accessed: February 28, 2020).
American Psychological Association (APA):
Stepped Bond. PayrollHeaven.com. Retrieved February 28, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/stepped-bond/

Definition Sources


Definitions for Stepped Bond are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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