What is the definition of Assumed bond? | Dictionary.net

ASSUMED BOND

\ɐsˈuːmd bˈɒnd], \ɐsˈuːmd bˈɒnd], \ɐ_s_ˈuː_m_d b_ˈɒ_n_d]\

Definitions of ASSUMED BOND

1910 - Black's Law Dictionary (2nd edition)

Sort: Oldest first

A BOND issued by one company that is the legal LIABILITY of another company such as might be found between a parent and subsidiary or two joint venture partners.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

Word of the day

Ruspol

It is used an emulsifier, thickener, suspending agent, etc., cosmetics pharmaceuticals; research culture medium; in chromatography as a stabilizer for reagents; and therapeutically bulk laxative with antacid properties.

View More

Nearby Words