Phrases with «cat bond»

A "cat bond" is a type of financial investment where investors provide funds to cover potential losses caused by natural disasters, like hurricanes or earthquakes. If a specific event occurs, the investors' money may be used to compensate for the damages. It's called a "cat bond" because it is like an insurance policy against these catastrophic events. Full definition

Sentences with «cat bond»

  • The study showed that, while cats bond with both men and women, the bond with women more closely mirrored that between mother and child. (littlebigcat.com)
  • Anyone who has worked in cat rescue knows that many cats bond to another cat, sometimes more than one. (greatkittyrescuestory.com)
  • Play provides physical and mental stimulation, teaches them important skills, prevents behavioral problems, helps adopted cats bond to a new family, and helps shy cats come out of their shells. (anticruelty.org)
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