Lending Money Instead of Owning a Business: What Bonds Are?
A bond is a fixed-income instrument representing a loan made by an investor to a…
A stock exchange is a centralized, regulated marketplace—operating either on a physical trading floor or through electronic trading platforms—where buyers and sellers meet to trade financial securities such as stocks, bonds, and exchange-traded funds (ETFs). It provides companies with access to capital markets to raise funding by issuing equity to the public, while offering investors liquidity, standardized trading rules, transparent price discovery, and regulatory oversight to safely convert holdings into cash.