Bonds


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Related to Bonds: Savings Bonds, Treasury bonds, Premium bonds, investment bonds, Government bonds

Bonds

 

(1) Short-term promissory notes issued by a treasury, municipal bodies, or private firms of capitalist countries and used by their holders as a means of purchase and payment. They fulfill the role of surrogate cash. They circulate and are in demand on the stock market. They are used for drawing up small money orders (postal bonds). In France the term “bond” is applied to various credit documents: short-term treasury obligations (“bons du trésor”), bank checks, and postal and other documents. In the USSR the term “bond” before the monetary reform of 1922–24 referred to two usages. The first usage included notes that were issued by various institutions and enterprises and that circulated sometimes as surrogate money when there was a shortage of small-denomination banknotes. The second included banknotes that were issued by local authorities during the Civil War when they were cut off from the center. After the monetary reform, the issue of bonds in the USSR was discontinued.

(2) The term “bond” is also used for paper money that has been taken out of use and has become a collector’s item.

References in classic literature ?
The sacred bond which knit you together was indissoluble while you lived; and oh, may it be to your descendants the example and the pledge of harmony to the latest period of time
But here are your bonds; pay me differently;" and he held the bonds towards Danglars, who seized them like a vulture extending its claws to withhold the food that is being wrested from its grasp.
Hadn't there always been some mystic bond between them?
Then he moved in his bonds, and his furious exertions made the ancient wheel of the pillory shriek on its axle.
In a word, we must found a form of government holding universal sway, which should be diffused over the whole world without destroying the bonds of citizenship, and beside which all other governments can continue in their customary course and do everything except what impedes the great aim of our order, which is to obtain for virtue the victory over vice.
She had no knife and the bonds were tied tightly but she worked quickly and coolly and as Zu-tag and his apes closed with the warriors, she succeeded in loosening Tarzan's bonds sufficiently to permit him to extricate his own hands so that in another minute he had freed himself.
This threat put a sudden end to Rokoff's brutality, for he had no craving to see Tarzan loosed from his bonds while he was within reach of those powerful hands.
Was this a people to stand in his way, to claim the protection and sympathy of foreign governments against their own bond, that they might keep their land for misuse and their bodies for debauchery?
Evenings during the week he took her to see plays in which the brain-clutching heroine was rescued from the palatial home of her guardian, who is cruelly after her bonds, by the hero with the beautiful sentiments.
Very well," said the Magistrate, putting on the black cap and a solemn look; "as the accused makes no defence, and is undoubtedly guilty, I sentence her to be eaten by the public executioner; and as that position happens to be vacant, I appoint you to it, without bonds.
Gold in the form of securities and bonds and so forth," Mr.
They sought to bind him with rude bonds, but the bonds would not hold him, and the withes fell far away from his hands and feet: and he sat with a smile in his dark eyes.