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guaranteed bond

American  

noun

  1. a bond issued by a corporation in which payment of the principal, interest, or both is guaranteed by another corporation.

Etymology

Origin of guaranteed bond

First recorded in 1960–65

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Because the appeal outcome is far from guaranteed, bond companies have strict rules for providing collateral.

From Slate • Mar. 21, 2024

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.

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