English · Work & Business
bond
/bɒnd/
[/bɒnd/]
loan investment certificate
Advancednoun
Definition
A certificate showing that you have lent money to a government or company that will be paid back with interest.
Example
He invested part of his savings in government bonds because they are considered relatively safe.
He invested part of his savings in government bonds because they are considered relatively safe.
Etymology
A variant of 'band', from Old Norse 'band' (something that binds); the financial sense arose in the 16th century.
How & Where It’s Used
Means a financial instrument and also a close connection between people.