Difference Between Bond and Equity - Good to Know Info !

Difference	Bond	Stock
Kind of Instrument	Debt	Equity
Meaning	In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and is obliged to repay the principal and interest	In financial markets, stock capital raised by a corporation or joint-stock company through the issuance and distribution of shares
Centralization	Bonds markets, unlike stock or share markets, often do not have a centralized exchange or trading system	Stock or share markets, have a centralized exchange or trading system
Holders	Bond holders are in essence lenders to the issuer	The stock holders own a part of the issuing company (have an equity stake)
Kind	Securities	Securities
Yield Analysis	Nominal yield, Current yield, Yield to maturity, Yield curve, Bond duration, Bond convexity	Gordon model, Dividend yield, Income per share, Book value, Earnings yield, Beta coefficient
Participants	Investors, Speculators, Institutional Investors	Market maker, Floor trader, Floor broker
Issued By	Bonds are issued by public sector authorities, credit institutions, companies and supranational institutions	Stock are issued by corporation or joint-stock companies
Owners	bondholders	stockholders/shareholders
Derivatives	Bond option, Credit derivative, Credit default swap, Collateralized debt obligation, Collateralized mortgage obligation	Credit derivative, Hybrid security, Options, Futures, Forwards, Swaps

 
Source of Info: Internet (Diffen)