👉 In bond, "inbond" is a term used to describe a financial instrument that has been sold at a loss and is not expected to be repaid. It is often used in the context of debt instruments where the issuer has decided to sell the bonds before they are due for repayment. For example, if a company issues a bond with a fixed interest rate but no face value or maturity date, it may decide to sell the bonds at a loss and not expect to be repaid. The
