BOND

Bond

In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. It is a debt security, under which the issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay them interest and/or to repay the principal at a later date, termed the maturity date. Interest is usually payable at fixed intervals . Very often the bond is negotiable, i.e. the ownership of the instrument can be transferred in the secondary market.

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bond

Noun

  1. A peasant; churl.
  2. A vassal; serf; one held in bondage to a superior.

Noun (etymology 2)

  1. Evidence of a long-term debt, by which the bond issuer (the borrower) is obliged to pay interest when due, and repay the principal at maturity, as specified on the face of the bond certificate. The rights of the holder are specified in the bond indenture, which contains the legal terms and conditions under which the bond was issued. Bonds are available in two forms: registered bonds, and bearer bonds.
  2. A documentary obligation to pay a sum or to perform a contract; a debenture.
  3. A physical connection which binds, a band; often plural.
  4. An emotional link, connection or union.
  5. Moral or political duty or obligation.
  6. A link or force between neighbouring atoms in a molecule.
  7. A binding agreement, a covenant.
  8. A bail bond.
  9. Any constraining or cementing force or material.
  10. In building, a specific pattern of bricklaying.
  11. In Scotland, a mortgage.

Verb

  1. To connect, secure or tie with a bond; to bind.
    The gargantuan ape was bonded in iron chains and carted onto the stage.
  2. To cause to adhere (one material with another).
    The children bonded their snapshots to the scrapbook pages with mucilage.
  3. To form a chemical compound with.
    Under unusual conditions, even gold can be made to bond with other elements.
  4. To guarantee or secure a financial risk.
    The contractor was bonded with a local underwriter.
  5. To form a friendship or emotional connection.
    The men had bonded while serving together in Vietnam.
  6. To put in a bonded warehouse.
  7. To lay bricks in a specific pattern.
  8. To make a reliable electrical connection between two conductors (or any pieces of metal that may potentially become conductors).
    A house's distribution panel should always be bonded to the grounding rods via a panel bond.
  9. To bail out by means of a bail bond.

Adjective

  1. Subject to the tenure called bondage.
  2. In a state of servitude or slavedom; not free.
  3. Servile; slavish; pertaining to or befitting a slave.
    bond fear


The above text is a snippet from Wiktionary: bond
and as such is available under the Creative Commons Attribution/Share-Alike License.

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