Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “bond”

See all translations

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

comma

the symbol , used in writing to separate parts of a sentence showing a slight pause, or to separate the single things in a list

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More