M&M's World. M&M's World is a retail store that specialises in M&M's candy and merchandise. The first location was on the Las Vegas Strip; stores also opened in Orlando, Florida (2005), New York City (2006) and London (2011). The Shanghai location opened in August 2014.
What is an employment bond? A: An employment bond is an agreement that one comes to with an employer prior to becoming a member of staff. Such agreements tend to stipulate the conduct that the employee is expected to uphold as a member of the company. Since this is a legal document, having the employee breach it often leads to fines stipulated in the bond.
DEFINITION of 'Bond Insurance'. A type of insurance policy that a bond issuer purchases that guarantees the repayment of the principal and all associated interest payments to the bondholders in the event of default.Bond issuers buy insurance to enhance their credit rating to 'AAA' in order to reduce the amount of interest that it needs to pay.REAKING DOWN 'Bond Insurance'. Once bond insurance has been purchased, the issuer's bond rating will no longer be applicable and instead, the bond insurer's credit rating will be applied to the bond instead.