Answer: Characteristics of a bond
A bond is generally a form of debt which the investors pay to the issuers for a defined time frame.
Bonds generally have a fixed maturity date.
All bonds repay the principal amount after the maturity date; however some bonds do pay the interest along with the principal to the bond holders.
Characteristics of a Bank / Features of Banking
It may be an Individual/Firm/Company.
It is a profit and service oriented institution.
It acts as a connecting link between borrowers and lenders.
It deals with money.
It accepts deposits from public.
It provides Advances/Loans/Credit to customers.
Explanation: you can pull what things they are similar in from here, hope this helps
