A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
The follwoing war bonds used the early Alfred E. Neuman image on their envelopes and were sold during the second world war:
- Envelope War Bonds #1 'Join the Wacs'
- Envelope War Bonds #2 'Join the Army'
- Envelope War Bonds #3 'Join the Waves'
- Envelope War Bonds #4 'Join the Navy'
- Envelope War Bonds #5 'Join the Merchant Marines'
- Envelope War Bonds #6 'Join the Navy'