a bond without a guaranteed amount of interest payment, such payment being usually made only out of earnings.
a bond that pays interest at a rate in direct proportion to the issuer’s earnings


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    The way national income is divided among households in the economy.

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    noun 1. a group in a given population having incomes within a certain range noun a part of a population that is in the same income range Examples Market researchers study income groups.

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    noun 1. a government program that provides financial assistance to needy people so that they can maintain a certain income level.

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