bond

bond
   An interest-bearing document issued by a government or company as evidence of a debt, with the terms of payment to the bondholder spelled out. A bond provides predetermined payments at a set date to the bondholder. A "registered" bond provides payment to the bondholder whose name has been recorded with the bond issuer and appears on the bond certificate. A "bearer" bond provides payment to whomever has possession of the bond. Another meaning of bond is a written agreement purchased from a bonding company (usually an insurance firm) that guarantees that the bond buyer will properly perform a stated act, such as managing funds or completing a building project. If the person who bought the bond fails at the task (e.g., by stealing funds), the bonding company will pay the party that has suffered an amount up to the value of the bond.

Business law dictionary. 2015.

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Synonyms:
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Look at other dictionaries:

  • bond — bond …   Dictionnaire des rimes

  • bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure …   Law dictionary

  • Bond — Bond, bonds, bonded, and bonding may refer to:Fiduciary bonds*Bond (finance), in finance, a debt security, issued by Issuer **Government bond, a bond issued by a national government ***Government bond register, a register of bonds issued by a… …   Wikipedia

  • bond — [ bɔ̃ ] n. m. • 1390; de bondir 1 ♦ Action de bondir, de s élever de terre par un mouvement brusque. ⇒ saut. D un bond, il franchit l obstacle. Les bonds d un danseur. Avancer par petits bonds. Le chien faisait des bonds de joie (⇒ gambader) .… …   Encyclopédie Universelle

  • Bond — steht für: ein verzinsliches Wertpapier eine durch Drahtbonden hergestellte Verbindung BOND e.V., Bund der Osteologen in Norddeutschland Bond (Band), ein britisch australisches Streichquartett BOND, einen Hersteller von Bibliothekssoftware Bond… …   Deutsch Wikipedia

  • Bond — (b[o^]nd), n. [The same word as band. Cf. {Band}, {Bend}.] 1. That which binds, ties, fastens, or confines, or by which anything is fastened or bound, as a cord, chain, etc.; a band; a ligament; a shackle or a manacle. [1913 Webster] Gnawing with …   The Collaborative International Dictionary of English

  • Bond — Saltar a navegación, búsqueda Este artículo trata sobre música. Para el personaje de ficción, véase James Bond. Información personal Origen …   Wikipedia Español

  • Bond — /bond/, n. 1. Carrie (nee Jacobs), 1862 1946, U.S. songwriter and author. 2. Julian, born 1940, U.S. civil rights leader and politician. * * * I In construction, the systematic arrangement of bricks or other building units (e.g., concrete blocks …   Universalium

  • BOND — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom …   Wikipédia en Français

  • bond — bond·ag·er; bond; bond·er·ize; bond·less; bond·maid; bond·man; bond·wom·an; vag·a·bond·age; vag·a·bond·ish; vag·a·bond·ism; vag·a·bond·ize; an·ti·bond·ing; eu·ro·bond; spun·bond·ed; bond·age; vag·a·bond; bond·a·ble; …   English syllables

  • bond — BOND. s. m. Le saut, le rejaillissement que fait un balon, une bale, ou autre chose semblable, lors qu elle tombe en terre, ou y est jettée. La bale n a point fait de bond. attendre la bale au bond. prendre la bale au bond. quand on ne prend la… …   Dictionnaire de l'Académie française

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