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What is a bond-?

Updated: 9/24/2023
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Smooklocbrown5483

Lvl 1
9y ago

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This usually means the employee has obtain a fidelity bond - usually a guarantee against dishonesty losses such as embezzlement. One caveat though... most fidelity bonds have an arrest and conviction clause in the fine print. If you are an employee, I'd recommend you consider Crime insurance as a better, althought costlier, alternative to fidelity bonding.

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Angela Veum

Lvl 13
2y ago
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Wiki User

6y ago

There are many kinds of bonds:

  • Chemical bond: an electrical force linking atoms
  • 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
  • Alliance: a connection based on kinship or marriage or common interest; "the shifting alliances within a large family"; "their friendship constitutes a powerful bond between them"
  • Bail: (criminal law) money that must be forfeited by the bondsman if an accused person fails to appear in court for trial; "the judge set bail at $10,000"; "a $10,000 bond was furnished by an alderman"
  • Shackle: a restraint that confines or restricts freedom (especially something used to tie down or restrain a prisoner)
  • Attachment: a connection that fastens things together
  • Adhere: stick to firmly; "Will this wallpaper adhere to the wall?"
  • A superior quality of strong durable white writing paper; originally made for printing documents
  • Bind: create social or emotional ties; "The grandparents want to bond with the child"
  • United States civil rights leader who was elected to the legislature in Georgia but was barred from taking his seat because he opposed the Vietnam War (born 1940)
  • Issue bonds on
  • British secret operative 007 in novels by Ian Fleming
  • Bring together in a common cause or emotion; "The death of their child had drawn them together"
  • Adhesiveness: the property of sticking together
  • Bonds are a form of indebtedness that is sold to the public in set increments, normally in the neighborhood of $1000. In return for loaning the debtor the money, the lender gets a piece of paper that stipulates how much was lent, the agreed-upon interest rate, how often interest will be paid, and the term of the loan.
  • The first time an ancient monarch borrowed a large sum of money from a rich neighbor, agreed to repay the money with interest, and wrote this up on a piece of papyrus, the bond was born. Deficit-laden governments across the world use bonds as a way to finance their operations. Cash-strapped companies sell debt in order to get the money they need to expand. Even individuals routinely take out interest-bearing loans, whether they are credit card balances, car loans, or mortgages.
  • In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) and/or to repay the principal at a later date, termed maturity. A bond is a formal contract to repay borrowed money with interest at fixed intervals.
  • A bond, also known as a fixed-income security, is a debt instrument created for the purpose of raising capital.
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9y ago

A bond is what is used to post bail for someone after they have been arrested. It is a security item. A home may be used for collateral for a bond.

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