{"ok":true,"canonical_url":"https://dealroom.so/glossary/bond","api_url":"https://dealroom.so/api/public/glossary/bond","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"bond","term":"Bond","aka":"Debt security","group":"Reading the business","definition":"A debt instrument where an investor loans money to an entity (corporate or government) for a defined period at a fixed interest rate. In small business acquisitions, bonds are rarely a primary asset or liability you'd encounter.","what_it_means":"If the target business holds bonds as an investment, they would be listed on the balance sheet as assets. You'd evaluate their market value and liquidity during due diligence. It's uncommon for a small business to issue its own bonds.","url":"https://dealroom.so/glossary/bond","official_sources":[],"related":[{"slug":"liquid-asset","term":"Liquid asset","url":"https://dealroom.so/glossary/liquid-asset"},{"slug":"balance-sheet","term":"Balance Sheet","url":"https://dealroom.so/glossary/balance-sheet"},{"slug":"marketable-securities","term":"Marketable securities","url":"https://dealroom.so/glossary/marketable-securities"}],"related_questions":[{"question":"Can personal marketable securities (stocks/bonds) be used as collateral if business assets are insufficient?","url":"https://dealroom.so/sba-7a/questions/can-personal-marketable-securities-stocks-bonds-be-used-as-collateral-if-business-assets-a"},{"question":"Can funds from a personal investment account, like stocks or bonds, be used for my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-funds-from-a-personal-investment-account-like-stocks-or-bonds-be-used-for-my-equity-in"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Bond","url":"https://dealroom.so/glossary/bond","source_type":"DealRoom Data"}}