As verbs the difference between bound and associated
is that
bound is (
bind) or
bound can be to surround a territory or other geographical entity or
bound can be to leap, move by jumping while
associated is (
associate).
As an adjective bound
is (with infinitive) obliged (to) or
bound can be (obsolete) ready, prepared.
As a noun bound
is (often|used in plural) a boundary, the border which one must cross in order to enter or leave a territory or
bound can be a sizeable jump, great leap.