Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
Growth And Income Fund
Funds come in many flavors, more or less whatever flavor can sell. So how about putting together a basket of growth funds - Coca Cola, Disney, Harley Davidson - mixed with a bunch of bonds and/or high yielding equities like AT&T, Pfizer, Heinz Ketchup, etc.? You get growth. You get income. "You get the best of both worlds." - Hannah Montana, 2008.