Definition of "bond"
bond1
/bɑnd/
noun
plural bonds
(law) Evidence of a long-term debt, by which the bond issuer (the borrower) is obliged to pay interest when due, and repay the principal at maturity, as specified on the face of the bond certificate. The rights of the holder are specified in the bond indenture, which contains the legal terms and conditions under which the bond was issued. Bonds are available in two forms: registered bonds, and bearer bonds.
bond2
/bɑnd/
verb
third-person singular simple present bonds, present participle bonding, simple past and past participle bonded
(transitive, electricity) To make a reliable electrical connection between two conductors (or any pieces of metal that may potentially become conductors).