The San Francisco 49ers have agreed to terms with Jim Tomsula to become the 19th head coach in San Francisco 49ers history. âAfter conducting a thorough coaching search, and meeting with a number of outstanding candidates, Jim Tomsula clearly is the right man to lead this team,â said 49ers CEO Jed York. âJim is a great teacher and a tremendous mentor who conducts himself with great class and integrity.â.
Economic Definition of bond. Offline Version: PDF. Term bond Definition: The general term for a long-term loan in which a borrower agrees to pay a lender an interest rate (usually fixed) over the length of the loan and then repay the principal at the date of maturity.
Government bond. A government bond or 'sovereign bond' is a bond issued by a national government, generally with a promise to pay periodic interest payments and to repay the face value on the maturity date. Government bonds are usually denominated in the country's own currency, in which case the government cannot be forced to default, although it may choose to do so. If a government is close to default on its debt the media often refer to this as a sovereign debt crisis. The terms on which a government can sell bonds depend on how creditworthy the market considers it to be. International credit rating agencies will provide ratings for the bonds, but market participants will make up their own minds about this.