释义 |
bond n. 1. A deed by which one person (the obligor) commits himself to another (the obligee) to do something or refrain from doing something. If it secures the payment of money, it is called a common money bond; a bond giving security for the carrying out of a contract is called a performance bond. 2. A document issued by a government, local authority, company, or other public body undertaking to repay long-term debt with interest. Bond issues are issues of debt securities by a borrower to investors in return for the payment of a subscription price. |