Definition of Bond:

  1. Construction: A three-party contract (variously called bid bond, performance bond, or surety bond) in which one party (the surety, usually a bank or insurance company) gives a guaranty to a contractors customer (obligee) that the contractor (obligor) will fulfill all the conditions of the contract entered into with the obligee. If the obligor fails to perform according to the terms of the contract, the surety pays a sum (agreed upon in the contract and called liquidated damages) to the customer as compensation. A surety bond is not an insurance policy and, if cashed by the obligee, its amount is recovered by the surety from the obligor.

  2. Governments (at all levels) and corporations commonly use bonds in order to borrow money. Governments need to fund roads, schools, dams or other infrastructure. The sudden expense of war may also demand the need to raise funds.

  3. An agreement with legal force.

  4. A strong force of attraction holding atoms together in a molecule or crystal, resulting from the sharing or transfer of electrons.

  5. A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). A bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments. Bonds are used by companies, municipalities, states, and sovereign governments to finance projects and operations. Owners of bonds are debtholders, or creditors, of the issuer. Bond details include the end date when the principal of the loan is due to be paid to the bond owner and usually includes the terms for variable or fixed interest payments made by the borrower.

  6. Law: (1) An appeal bond deposited by a losing party to stay the execution of a lower courts judgment until the partys appeal against it is decided by a higher court. (2) A bail bond deposited by an accused as a guaranty of his or her appearance in the court when called. (3) A judicial bond deposited by a litigant to indemnify the opposing judicial or governmental body from any loss arising due to the legal proceeding.

  7. Join or be joined securely to something else, especially by means of an adhesive substance, heat, or pressure.

  8. A written and signed promise to pay a certain sum of money on a certain date, or on fulfillment of a specified condition. All documented contracts and loan agreements are bonds.

  9. Commerce: A bank guaranty posted by an importer for an immediate release of landed goods (with total value not exceeding the amount of bank guaranty) without payment of customs duties and taxes. The bond allows a fixed period during which the importer must submit the required documents and pay the assessed duties and taxes. See also bonded goods.

  10. Join or be joined by a chemical bond.

  11. Short for bond paper.

  12. Lay (bricks) in an overlapping pattern so as to form a strong structure.

  13. A pattern in which bricks are laid in order to ensure the strength of the resulting structure.

  14. A thing used to tie something or to fasten things together.

  15. Place (dutiable goods) in bond.

  16. Securities: A debt instrument that certifies a contract between the borrower (bond issuer) and the lender (bondholder) as spelled out in the bond indenture. The issuer (company, government, municipality) pledges to pay the loan principal (par value of the bond) to the bondholder on a fixed date (maturity date) as well as a fixed rate of interest for the life of the bond.

    Alternatively, some bonds are sold at a price lower than their par value in lieu of the periodic interest. On maturity the full par value is paid to the bondholder. Bonds are issued in multiples of $1,000, usually for periods of five to twenty years, but some government bonds are issued for only 90 days. Most bonds are negotiable, and are freely traded over stock exchanges. Their market price depends mainly on the rating awarded by bond rating agencies on the basis of issuers reputation and financial strength. Investment in bonds offers two advantages: (1) known amount of interest income and, unlike other securities, (2) considerable pressure on the company to pay because the penalties for default are drastic. The major disadvantage is that the amount of income is fixed and may be eroded by inflation. Companies use bonds to finance acquisitions or capital investments. Governments use bonds to keep their election promises, fund long-term capital projects, or to raise money for special situations, such as natural calamities or war.

Synonyms of Bond

Promise, Pledge, Vow, Avowal, Oath, Word, Word of honour, Solemn word, Guarantee, Assurance, Fannie Mae, Federal Agency bond, Ginnie Mae, Oregon boat, Series E bond, Series H bond, Accident insurance, Accord, Accouple, Accumulate, Actuary, Addition, Adherence, Adhesion, Adhesive, Adjunct, Adjustment bond, Affairs, Affiliation, Affinity, Affixation, Agglomeration, Agglutinate, Agglutination, Aggregation, Agreement, Allegiance, Alliance, Amass, Annexation, Annuity, Annuity bond, Appreciation bond, Approximation, Arrangement, Articulate, Articulation, Assemblage, Assemble, Assented bond, Associate, Association, Assumed bond, Assurance, Assure, Attachment, Attest, Aviation insurance, Baby bond, Back, Bail, Bail bond, Band, Bargain, Be sponsor for, Bearer bond, Bearer certificate, Bilbo, Bind, Binding, Binding agreement, Bona fides, Bond anticipation note, Bonds, Bonne foi, Bottomry, Bracket, Bracketing, Bridge, Bridge over, Bridle, Business life insurance, Callable bond, Camisole, Cartel, Casualty insurance, Cement, Certificate of insurance, Certify, Chain, Chains, Checks, Clap together, Clasping, Cling, Clinging, Closeness, Clustering, Cohere, Coherence, Cohesion, Collar, Collateral trust bond, Collect, Collective agreement, Combination, Combine, Communication, Compact, Comprise, Concatenate, Concatenation, Concourse, Concurrence, Confirm, Confluence, Congeries, Conglobulate, Conglomeration, Conjoin, Conjugate, Conjugation, Conjunction, Connect, Connectedness, Connection, Connective, Consolidated annuities, Consolidated stock, Consols, Consortium, Constancy, Constraints, Contiguity, Contract, Contract by deed, Contract of record, Contract quasi, Contrariety, Controls, Convention, Convergence, Convertible bond, Convertible debenture, Copulate, Copulation, Cords, Corporate bond, Corporation stock, Countersecure, Couple, Coupling, Coupon bond, Coupon rate, Court bond, Covenant, Covenant of indemnity, Covenant of salt, Cover, Credit insurance, Credit life insurance, Cuffs, Current income bond, Current yield, Deal, Dealings, Debenture, Debenture bond, Deductible, Deduction, Deed, Deed of trust, Deed poll, Deep-discount bond, Defense bond, Deferred bond, Definitive bond, Deposit, Devotedness, Devotion, Dicker, Discount bond, Disjunction, Earnest, Earnest money, Embrace, Employment contract, Encompass, Endorse, Endowment insurance, Engagement, Ensure, Equipment bond, Equipment note, Equipment trust, Equipment trust bond, Equipment trust certificate, Escrow, Extended bond, Faith, Faithfulness, Family maintenance policy, Fastener, Fastening, Fealty, Fetter, Fetters, Fidelity, Fidelity bond, Fidelity insurance, Filiation, Firmness, First mortgage bond, Firsts, Flood insurance, Formal agreement, Formal contract, Fraternal insurance, Gag, Gage, Gather, Gathering, General mortgage bond, General obligation bond, Girding, Glue, Go bail, Good faith, Government bond, Government insurance, Group policy, Guarantee, Guaranteed bond, Guaranty, Gyves, Halter, Hamper, Handcuffs, Handsel, Health insurance, High-grade bond, Hobbles, Hock, Hold together, Homage, Homology, Hooking, Hookup, Hopples, Hostage, Hypothecate, Impignorate, Implied contract, Include, Income bond, Indemnity, Indent, Indenture, Industrial life insurance, Insurance, Insurance agent, Insurance broker, Insurance company, Insurance man, Insurance policy, Insure, Interchangeable bond, Intercommunication, Intercourse, Interim bond, Interinsurance, Interlinking, Interrelationship, Intimacy, Ironclad agreement, Irons, Join, Joinder, Joining, Joint bond, Jointure, Junction, Knot, Knotting, Lashing, Lay together, Leading strings, League, Leash, Legal agreement, Legal contract, Liability insurance, Liaison, License bond, Ligament, Ligation, Ligature, Limited payment insurance, Link, Linkage, Linking, Loyalty, Lump together, Mainprise, Major medical insurance, Malpractice insurance, Manacle, Marine insurance, Marriage, Marry, Marshal, Mass, Meeting, Merge, Merger, Merging, Mobilize, Mortgage, Mortgage bond, Mortgage deed, Municipal bond, Mutual agreement, Mutual attraction, Mutual company, Muzzle, Nearness, Negotiable bond, Nexus, Nominal rate, Nonnegotiable bond, Ocean marine insurance, Optional bond, Pact, Paction, Pair, Pairing, Par bond, Parol contract, Participating bond, Pawn, Permit bond, Perpetual bond, Piece together, Pignus, Pillory, Pledge, Policy, Post, Premium bond, Promise, Promissory note, Propinquity, Protocol, Proximity, Purchase money bond, Put in hock, Put in pawn, Put together, Put up, Rapport, Recognizance, Refunding bond, Registered bond, Registered certificate, Reins, Relatedness, Relation, Relations, Relationship, Replevin, Replevy, Restraint, Restraints, Revenue bond, Robbery insurance, Roll into one, Ropes, Savings bond, Second mortgage bond, Seconds, Secure, Secured bond, Security, Shackle, Shackles, Sign, Sign for, Similarity, Small bond, Social security, Solder, Span, Special contract, Specialty, Specialty contract, Splice, Sponsor, Spout, Stake, Stand behind, Stand up for, State bond, Staunchness, Steadfastness, Stick, Stick together, Sticking, Stipulation, Stock company, Stocks, Stocks and bonds, Straightjacket, Strait-waistcoat, Straitjacket, Stranglehold, Subscribe to, Surety, Symbiosis, Sympathy, Take in, Tape, Tax anticipation note, Tax-free bond, Term insurance, Tether, Theft insurance, Tie, Tie-in, Tie-up, Tieing, Ties, Title deed, Token payment, Trammel, Trammels, Transaction, Treasury bond, Treaty, Troth, True blue, Trueness, Trust indenture, Trustee mortgage bond, Undersign, Understanding, Undertaking, Underwrite, Underwriter, Unification, Unify, Union, Union contract, Unite, Unsecured bond, Vadimonium, Vadium, Valid contract, Vinculum, Voting bond, Wage contract, War bond, Warrant, Warranty, Weld, Yield to maturity, Yoke, Yoking, Zipping, Join, Connect, Fasten, Fix, Affix, Attach, Secure, Bind, Stick, Glue, Gum, Paste, Cement, Fuse, Weld, Solder

How to use Bond in a sentence?

  1. Marriage as a legal bond may become outdated, but I doubt it.
  2. The woman was looking for the bond that the man had signed, stating that she would be paid the agreed upon amount by the following day.
  3. Neutral molecules bond to the central atom.
  4. The projecting bastions are drum-shaped, built of stone laced with horizontal bonding courses of red tile.
  5. Press the material to bond the layers together.
  6. Each carbon atom uses three electrons to form bonds with the adjacent atoms.
  7. Stretcher bond.
  8. Bonds are units of corporate debt issued by companies and securitized as tradeable assets.
  9. She brushed back a curl that had strayed from its bonds.
  10. A bond is referred to as a fixed income instrument since bonds traditionally paid a fixed interest rate (coupon) to debtholders. Variable or floating interest rates are also now quite common.
  11. When my grandmother bought me an investment bond for one dollar I bet she didnt think it would be worth a thousand dollars thirty years later.
  12. Bonds have maturity dates at which point the principal amount must be paid back in full or risk default.
  13. Assets may have to be sold or bonded to provide cash for the payment of this tax.
  14. Oliver had a history with the construction crew and trusted them completely, but the company CFO still insisted on a bank-issued bond to guarantee project completion.
  15. Bond prices are inversely correlated with interest rates: when rates go up, bond prices fall and vice-versa.

Meaning of Bond & Bond Definition