Siyini isibopho kwezezimali?
Kwezezimali, ibhondi uhlobo lwesibambiso lapho okhipha (okweletayo) okweleta umnikazi (umnikazi wesikweletu) isikweletu, futhi uphoqelekile <unk> kuye ngokuthi imigomo <unk> ukuhlinzeka ngemali engenayo kumnikazi wesikweletu (isb. ukubuyisa imali eyinhloko (okungukuthi inani elibolekiwe) yebhondi ngosuku lokuqothuka kanye nenzalo (ebizwa ngokuthi isigqebhezana) esikhathini esithile. Isikhathi kanye nenani lokugeleza kwemali enikeziwe kuyahlukahluka, kuya ngenani lezomnotho eligcizelelwayo, ngaleyo ndlela kuholela ezinhlotsheni ezahlukahlukene zamabhondi. Inzalo ngokuvamile ikhokhwa ngezikhathi ezithile: njalo ngonyaka, njalo ngonyaka, futhi ngezinye izikhathi ngezinye izikhathi. Ngakho, ibhondi iwuhlobo lwemali ebolekiwe noma i-IOU. Ama-bond anikeza lowo obolekayo ngezimali zangaphandle zokuxhasa izimali zesikhathi eside noma, esimweni sama-bond kahulumeni, ukuxhasa izindleko zamanje.  Amabhondi namasheya womabili ayizibambiso, kodwa umehluko omkhulu phakathi kwalokhu okubili ukuthi abanikazi bamasheya (inhloko-dolobha) banesabelo sezimali enkampanini (okungukuthi bangabanikazi), kanti abanikazi bamabhondi banesabelo sombolekisi enkampanini (okungukuthi bangababolekisi). Njengezikweleti, abanikazi bama-bond banelungelo eliphakeme kunabanikazi bamasheya. Lokhu kusho ukuthi bazokhokhelwa kusengaphambili kubanikazi bamasheya, kodwa bazobekwa ngemuva kwabakweletwayo abavikelekile, uma kwenzeka kuba nokuqothuka. Omunye umehluko uwukuthi ama-bond ngokuvamile anesikhathi esibekiwe, noma isikhathi sokuvuthwa, ngemva kwalokho ama-bond ayakhokhelwa, kuyilapho amasheya ngokuvamile ehlala engapheli. Okuhlukile yibhondi engenakukhokhelwa, okuyi-perpetuity, okungukuthi, ibhondi engenasikhathi sokuvuthwa. Izitifiketi zokufaka (ama-CD) noma amaphepha ezentengiselwano esikhathi esifushane ahlukaniswa njengamathuluzi emakethe yemali hhayi ama-bond: umehluko omkhulu ubude besikhathi sokusebenza kwethuluzi.  Izinhlobo ezivame kakhulu zihlanganisa izikweletu zikamasipala, ezenkampani nezikahulumeni. Ngokuvamile ibhondi iyathengiselana, okusho ukuthi ubunikazi besikhali bungadluliselwa emakethe yesibili. Lokhu kusho ukuthi uma ama-agent okudlulisa asebhange esefake isitembu se-medallion ku-bond, kuba noketshezi olukhulu emakethe yesibili. Intengo yebhondi emakethe yesibili ingase ihluke kakhulu emalini eyinhloko ngenxa yezici ezihlukahlukene ekuhlolweni kwebhondi.