Focus on the pronunciation of bond
English definition of “bond”
› [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.
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