bond

Definitions

1. noun

   A document constituting 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.

   Examples

   • She invested in a government bond.
   • The company issued bonds to fund its expansion.
2. noun

   A documentary obligation to pay a sum or to perform a contract; a debenture.

   Examples

   • The company issued a bond to raise capital.
   • He signed a bond guaranteeing repayment.
3. noun

   A partial payment made to show a provider that the customer is sincere about buying a product or a service. If the product or service is not purchased the customer then forfeits the bond.

   Examples

   • He paid a bond to hold the apartment.
   • She lost her bond after canceling the order.
4. noun

   A physical connection which binds, a band.

   Examples

   • The chemical bond held the two atoms together.
   • They tightened the bond around the package.
5. noun

   An emotional link, connection or union; that which holds two or more people together, as in a friendship; a tie.

   Examples

   • They had grown up as friends and neighbors, and not even vastly differing political views could break the bond of their friendship.
   • 1792, Edmund Burke, a letter to Sir Hercules Langrishe on the subject of the Roman Catholics of Ireland a people with whom I have no tie but the common bond of mankind.
6. noun

   Moral or political duty or obligation.

   Examples

   • He felt a bond of loyalty to his country.
   • Their bond of friendship went back to childhood.
7. noun

   A link or force between neighbouring atoms in a molecule.

   Examples

   • A covalent bond shares electrons between atoms.
   • The molecule's bond broke during the reaction.
8. noun

   A binding agreement, a covenant.

   Examples

   • You could rely on him. His word was his bond.
   • Herbert resented his wife for subjecting him to the bonds of matrimony; he claimed they had gotten married while drunk.
9. noun

   The state of being stored in a bonded warehouse

   Examples

   • The goods remained in bond until the duty was paid.
   • Customs released the shipment from bond after inspection.
10. noun

    A bail bond.

    Examples

    • The judge set his bond at ten thousand dollars.
    • Her family posted bond to secure her release.