Fill in the Blank QuestionFill in the blank question.A corporate bond is a corporation's written pledge to repay a specified amount of money along with .

A corporate bond is a corporation's written pledge to repay a specified amount of money along with interest payments.

In simpler terms, when an investor buys a corporate bond, they are essentially lending money to the corporation. In return for this loan, the corporation promises to pay back the initial amount (the principal) at a future date, known as the maturity date. Throughout the bond's life, the corporation also agrees to make regular interest payments to the bondholder, typically on an annual or semi-annual basis. This interest is a form of compensation for the use of the investor's funds, and it is fixed at the time of issuance. Investors evaluate the bond's interest rate, credit quality, and maturity length to determine its suitability for their investment strategy.