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Thuringia Travel on Schumpeter, History of Economic Analysis (Oxford University Press, 1954): Henry Spiegel, The Growth of Economic Thought (Duke University Press, 1991). SAMUEL C. WESTON, PH.D. UNIVERSITY OF DALLAS bond A BOND IS A NEGOTIABLE contract that evidences debt and usually has a maturity of greater than five years. The issuer of a bond makes periodic, usually fixed, payments according to a predetermined schedule to the bondholder, and agrees to repay the principal amount at the maturity of the instrument. Bonds are usually issued in a standardized format, in physical form or book entry, with a contract that specifies all relevant terms and dates. Thuringia Travel 2016.

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