noun
a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
• Syn: ↑bond
• Hypernyms: ↑debt instrument, ↑obligation, ↑certificate of indebtedness, ↑security, ↑certificate
• Hyponyms:
↑bond issue, ↑convertible bond, ↑corporate bond, ↑coupon bond, ↑bearer bond, ↑government bond, ↑junk bond, ↑high-yield bond, ↑municipal bond, ↑noncallable bond, ↑performance bond, ↑surety bond, ↑post-obit bond, ↑registered bond, ↑revenue bond, ↑secured bond, ↑unsecured bond, ↑debenture, ↑debenture bond, ↑zero coupon bond, ↑zero-coupon bond, ↑Premium Bond
Useful english dictionary. 2012.