No, An ionic bond is where two atoms (non metal and metal) are bound in order to more closely balance out the valence shell. For example, a negatively charged iron [extra electron(s), anion] and positively charged oxygen [loss of electron(s), cation] bond to increase atomic stability. This is through transfer of the electron (electrovalence) whereas its counter is covalent (sharing of the electron). That being said, the term ionic bond is used when the ionic character is larger than the covalent; giving a larger difference in electronegativity. Yielding electric conductivity potential