bond
noun
uk/bɒnd/ us [ C ] FINANCE
an amount of money that an organization or government borrows and promises to pay back on an agreed date with an agreed amount of interest, or the document that contains this agreement:
a 10-year/20-year, etc. bond The first new bond is a 10-year bond, paying a 6.5% interest rate and repayable on Oct. 25, 2021.
buy/invest in/sell/trade bonds We have kept sufficient money in a building society account so we will not be forced to sell our bonds.
Legislation was introduced to allow indigenous peoples to issue bonds to finance economic-development projects.
Some investors cannot hold bonds that carry a rating worse than A.
[ C ] INSURANCE
a type of insurance that protects government organizations, companies, etc. from losing money:
Contractors registered with the state are required to have liability insurance and a bond.
[ C ] LAW US
a document in which a person or company agrees to pay a particular amount of money if they do not do something that they promised to do:
To safeguard the environment, mine operators must post a bond to pay for possible cleanups.
in bond
TAX
used to describe goods that have been imported and are being kept in a bonded warehouse until tax has been paid:
They will be required to pay the duties upon their goods in bond.
See also
active bond
appeal bond
baby bond
bail bond
bearer bond
bellwether bond
bid bond
bulldog bond
callable bond
called bond
commercial blanket bond
completion bond
contract bond
convertible bond
corporate bond
customs bond
debenture bond
Eurobond
fidelity bond
foreign bond
government bond
guaranteed bond
guaranteed income bond
income bond
indemnity bond
indexed bond
judicial bond
junk bond
mortgage bond
municipal bond
par bond
performance bond
refunding bonds
registered bond
samurai bond
savings bond
serial bonds
sterling bond
subordinated bond
super sinker bond
surety bond
sushi bond
Treasury bond
Yankee bond
yearling bond
zero coupon bond