Can you cash a bond before it matures?

Yes, you can cash a bond before it matures, but the process and implications vary depending on the type of bond. For marketable bonds, you can sell them on the secondary market, though you may receive less than the face value if interest rates have changed. For non-marketable bonds, like U.S. savings bonds, you can redeem them before maturity, but you may forfeit some interest if redeemed too early. Always check the specific terms and conditions associated with the bond you hold.