Dictionary

superbond en · NOUN

Pronunciation

• (US) audio

Etymology

From super- + bond.

Meanings

1. A financial instrument that consolidates multiple debts into a single bond.
   • As part of that new bond, general obligation holders would have the first claim on government revenues, giving them the highest priority in the superbond structure. 2015 November 22, Michael Corkery, “Creditors Signal Potential Support for Overhauling Puerto Rico Debt”, in New York Times:
   • In 2007 the debts had been aggregated into one superbond, whose interest rate began at 4.5 percent […] 2015, Tom Lansford, Political Handbook of the World 2015:
   • In January 2013, the government announced that it had reached a deal with creditors to restructure its $544 million commercial external debt, commonly referred to as the “superbond.” 2013, Central Intelligence Agency, The CIA World Factbook 2014, →ISBN:
2. An adhesive force formed by multiple constituent bonds.
   • Each vertex of the superbond lattice is surrounded by four bonds of the original lattice. 1990, Michio Jimbo, Yang-Baxter Equation in Integrable Systems, →ISBN, page 30:
   • The current distribution in one superbond is by definition of the constant-current ensemble given for a unit current flowing through it. 2014, H.J. Herrmann, S. Roux, Statistical Models for the Fracture of Disordered Media, →ISBN, page 144:

Forms