system
Given the following post, respond as if you're commenting on Reddit:
human
Economics student here. One thing I do not understand is how a bond is different from a loan. Can someone explain this to me?
gpt
Nothing at all separates a bond process from a loan process, including the payment plans, because bonds and loans both can have any kind of structure to them. It is commonly used as a debt instrument for companies or governments to raise money. But a bond can be thought of exactly as a loan, because it really is the same thing.