Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “bond”

bond

noun
 
 
/bɒnd/
[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] US LAW 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.
(Definition of bond from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of bond?
Add Cambridge dictionaries to your browser to your website

Definitions of “bond” in other dictionaries

Word of the Day

mutant

an organism that is different from others of its type because of a permanent change in its genes

Word of the Day

What’s that lovely smell?

by Kate Woodford,
October 29, 2014
As adult humans, we can distinguish about 10,000 different smells. It’s no wonder, then, that we have so many words and expressions to describe them. This week we’re taking a look at those smell words – words that describe good smells and words that describe bad smells. Most smell words are either

Read More 

high-frequency trading noun

October 27, 2014
a type of stock market trading that uses very complex technology to trade extremely quickly, often making tiny profits which nevertheless add up to substantial sums Lewis’s book, Flash Boys, is driving a huge amount of attention toward the topic of high frequency trading, and it has rekindled some of

Read More