Meaning of BOND in English

BOND

I

In construction, the systematic arrangement of bricks or other building units (e.g., concrete blocks, glass blocks, or clay tiles) to ensure stability.

Units laid with their ends toward the face of a wall are called headers; units with their lengths parallel to the wall are called stretchers. Common types are the English bond (courses of stretchers and headers alternate), the Flemish or Dutch bond (headers and stretchers are laid alternately within each course, each header being centered over the stretcher below it), and the American bond (every fifth or sixth course consists of headers, the rest being stretchers). See also masonry .

II

In finance, loan contract issued by local, state, and national governments and by private corporations, specifying an obligation to return borrowed funds.

The issuer promises to pay interest on the debt when due (usually semiannually) at a stipulated percentage of the face value and to redeem the face value of the bond at maturity in legal tender. Bonds usually indicate a debt of substantial size and are issued in more formal fashion than revenue bond s, backed only by revenue from the specific project (toll roads, airports, etc.) to which they are committed. Bonds are rated based on the issuer's creditworthiness. The ratings, assigned by independent rating agencies, generally run from AAA to D; bonds with ratings from AAA to BBB are regarded as suitable for investment. See also junk bond .

III

In law, a formal written agreement by which a person undertakes to perform a certain act (e.g., appearing in court or fulfilling the obligations of a contract).

Failure to perform the act obligates the person to pay a sum of money or to forfeit money on deposit. A bond is an incentive to fulfill an obligation; it also provides reassurance that compensation is available if the duty is not fulfilled. A surety usually is involved, and the bond makes the surety responsible for the consequences of the obligated person's behaviour. See also bail .

IV

[c mediumvioletred] (as used in expressions)

Bond Horace Julian

covalent bond

ionic bond

junk bond

revenue bond

limited obligation bond

Bonds Barry

Barry Lamar Bonds

{{link=hydrogen bonding">hydrogen bonding

Britannica English dictionary.      Английский словарь Британика.