a bond issued by a corporation in which payment of the principal, interest, or both is guaranteed by another corporation.
TAKE THIS QUIZ IF A DAZZLING VOCABULARY IS YOUR DESIDERATUM!
Have the Words of the Day from October 19–25, 2020, made an indelible mark on your memory? Take the quiz to find out!
Question 1 of 7
What does “clement” mean?
Origin of guaranteed bond
First recorded in 1960–65
Words nearby guaranteed bond
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020