What does "baby bond" mean?

Any bond, issued with a value less than $1,000, intended for small investors.

What is a synonym for "baby bond"?

Common synonyms include: bond, debenture, fannie mae, indenture, seconds.

noun

noun ·Rare ·Advanced level

Noun

1
Any bond, issued with a value less than $1,000, intended for small investors. US