bond market

Cultural Dictionary

bond market definition

The market in which bonds are traded before their maturity. If interest rates decline after a bond has been issued, the value of bonds already issued with higher rates of interest will rise, and hence the bond market is said to be “up.” A rise in interest rates will lower the value of bonds issued with lower rates of interest and send the bond market “down.”

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Previous Definition: bond man
Next Definition: bond men
Words Near: bond market
More from
Synonyms and Antonyms for bond market
More from
Search for articles containing bond market
More from Translator Word FAQs presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature