Dictionary Entry

bond

noun

Find the meaning of the word bond, plus dictionary definition, pronunciation, thesaurus-style synonyms, antonyms, and related vocabulary.

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Meaning

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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.

Example Sentence

The article includes bond to support a careful argument.

Usage Note

Use bond when you want precise academic language around 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..

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Related Words

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Seen In These Lists

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Year 11 Word List