El bono
Example: El bono del gobierno ofrece una buena rentabilidad este año.
Definition
"El bono" refers to a financial instrument, typically issued by a government or corporation, that represents a loan made by an investor to the issuer. It usually pays fixed interest over a specific period and returns the principal at maturity, providing a reliable income source.
Etymology
The term "el bono" comes from the Latin word 'bonus,' meaning 'good.' It evolved in Spanish to describe a financial certificate promising a beneficial return, reflecting its original sense of something advantageous. Did you know? The word 'bonus' in English shares this origin, highlighting the idea of a reward or benefit.
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"El bono" appears in the Vocaplus list "Spanish - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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