The design of receptor molecules, the binding of Substrates via intermolecular interactions, the properties of the resulting "supermolecule", constitute a ahemistry of the intermoZeauZar bond . Like a covalent bond, it has an energy and a geometry, a stability and a reactivity. Thus, receptor-substrate association may be considered as a form of chemical reactivity involving reactions which result in the breaking and formation of intermolecular bonds, just as molecular reactions break and make covalent bonds. The study of such supramoZeauZar reaativity covers the structure, the shape, the stereochemistry of the receptor-substrate association, its stability and selectivity, its rates of formation and dissociation, the modification of the individual properties of its components within the complex, as well as the intracomplex reactions.A Supermoleeule may thus display several functions:-reaognition of the substrate among a collection of species; -moZeauZar aataZysis by reaction of catalytic sites borne by the receptor with the bound substrate(s);