With the subprime mess working its way into every back alley of the stock, bond, and money markets, this is a tricky time to be searching for income.

现如今，想要获得收入是要有技巧的。 次级债的问题广泛影响了股票、债券和货币市场，稍不注意，就有可能陷入泥潭。

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A bond, of course, is just an IOU, a promise to pay back money with interest by certain dates.

债券，当然，这只是一个借据，承诺到期归还并支付利息的纸条。

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One of them is a selective default in Greece, meaning some bond holders, including Banks and other private institutions, wouldn't get all their money back.

其中一个可能性就是希腊选择性的拖欠债务，这意味着其中一些债券所有者，包括银行和其他私人机构不可能将自己借出的钱收回。

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Any important relationship is a durable bond that goes back and forward in time, and it is often viewed as grossly disloyal not to favor friends and relatives in business dealings.

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After all, a mutual fund is always required to buy back your shares but no one is required to buy back your individual bond.

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Some go so far as to say that if a bond is insured and bondholders receive back the par value, no default has taken place, just an unscheduled call.

FORBES: Even If A Bond Doesn't Default, You Can Still Lose Your Money