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A stock is ownership in a corporation represented by shares that are a claim on the corporation’s earnings and assets.
A bond is a loan to a corporate or government agency. The bond issuer agrees to pay a specific interest rate for a length of the loan and repay the original amount of the loan at maturity.
To find out more about stocks and bonds, schedule a free appointment with a financial consultant by calling (269) 441-1400 or 1-866-OMNI-WOW (1-866-666-4969).
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