bond

Definitions

General Science

Accounting

  • noun a contract document promising to repay money borrowed by a company or by the government on a specific date, and paying interest at regular intervals
  • noun a form of insurance fund which is linked to a unit trust, but where there is no yield because the income is automatically added to the fund

Aviation

  • noun the power that holds surfaces together, when they are joined using heat, cold, chemicals or glue

Construction

  • The adhesion and grip of concrete or mortar to reinforcement or to other surfaces against which it is placed, including friction due to shrinkage and longitudinal shear in the concrete engaged by the bar deformations.
  • The adhesion of cement paste to aggregate.
  • Adherence between plaster coat or between plaster and a substratum produced by adhesive or cohesive properties of plaster or supplemental materials.
  • In masonry, the connection between stones, bricks, or other materials formed by laying them in an overlapping arrangement, one on top of another, to form a single wall mass.
  • The arrangement of, or pattern formed by, the exposed faces of laid masonry units.
  • The layer of glue in a plywood joint.
  • A written document, given by a surety in the name of a principal to an obligee to guarantee a specific obligation. See also bid bond, completion bond, fidelity bond, labor and materials payment bond, performance bond, statutory bond, and surety bond.

Economics

  • noun a contract document promising to repay money (the principal) borrowed by a company or by the government at a certain date, and paying a fixed interest at regular intervals; such documents can be traded on the market and their prices vary according to the length of time before maturity and the interest rate carried

Electronics

  • A force or substance which unites two or more items.
  • An attractive force sufficient to unite atoms so that they function as a unit. Also called chemical bond.
  • An electrical interconnection between objects so that they have the same potential.

Food

  • noun a fundamental attractive force that binds atoms and ions in a molecule
  • verb to stick together, or make two surfaces stick together

Forex

  • (written as Bond)
    A debt instrument which pays a fixed or floating interest rate. Bond rates are used to predict currency values; the bond spread is often an indicator of price action for currency pairs.

Health Economics

  • (written as Bond)
    A bond is debt issued by a private or governmental corporation. The issuer receives the face value of the bond from its buyer and pays (usually fixed) interest on the debt until 'maturity', when the bond is 'redeemed' through repaying the face value. The buyer can, of course, sell the bond to another buyer at any mutually agreeable price, whatever its face value.

Law

  • noun a contract document promising to repay money borrowed by a person
  • noun a signed legal document which binds one or more parties to do or not to do something

Real Estate

  • noun any of the various combinations of courses in which bricks are laid for strength and decorative effect
  • verb to lay bricks or tiles so that they overlap in a pattern

Travel

  • noun a piece of paper showing that money has been deposited
  • verb to deposit money with an organisation as surety against potential future loss

Origin & History of “bond”

English has two distinct words bond, which started life very differently but have gradually grown together. Bond ‘something that binds’ (13th c.) was originally the same word as band (from Old Norse band), and only gradually diverged from it in pronunciation, spelling, and meaning. The key modern legal and financial senses began to develop in the 16th century, the underlying notion being of something one is ‘bound’ or ‘tied’ to by a promise. Bond ‘bound in slavery’ (14th c.), as in bondservant, is an adjectival use of the late Old English noun bonda ‘householder’, which came from Old Norse bóndi (the second element of húsbóndi, from which English gets husband). this represented an earlier bóandi, which was originally the present participle of east Norse bóa ‘dwell’, a derivative of the Germanic base *- ‘dwell’, (from which English also gets be, boor, booth, bower, build, burly, byelaw, and byre). The semantic association of ‘tying up’ and ‘servitude’ has led to the merging of the two words, as shown in the derivative bondage.
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