follow Dictionary.com

8 Wintry Words to Defrost Your Vocabulary

bond market

bond market in Culture

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

Word of the Day

Word Value for bond

7
9
Scrabble Words With Friends