A bond is a strong connection or relationship between people or things. In finance, it is a type of loan where investors lend money to a government or company and are repaid with interest.
It comes from Middle English “bond” meaning “something that binds,” related to Old Norse “band.” The idea of tying or binding developed physical, emotional, legal, and financial meanings.
From friendship bonds to chemical bonds to government bonds, the same word ties together emotions, atoms, and money. At the core is the idea of being bound—by love, by law, or by a contract.
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