L'obbligazione
Example: L'obbligazione della società garantisce un rendimento fisso agli investitori.
Definition
"L'obbligazione" is a financial instrument representing a debt security issued by a company or government, which guarantees a fixed return to investors over a specified period. It is commonly used to raise capital with a promise of repayment plus interest.
Etymology
The word "l'obbligazione" comes from the Italian verb 'obbligare,' meaning 'to bind.' It reflects the binding commitment made by the issuer to repay the debt. The term evolved in financial contexts to describe contracts where one party is obligated to pay another.
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"L'obbligazione" appears in the Vocaplus list "", containing 150 commonly used words.
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