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baby bond
(redirected from Baby Bonds)

    Also found in: Financial 0.01 sec.
baby bond
n.
A bond issued in an amount less than $1,000.
baby bond
n
(Economics, Accounting & Finance / Banking & Finance) Brit a sum of money invested shortly after the birth of a child, the returns of which may not be collected until the child reaches adulthood
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Wealthy Gordon Brown, when Chancellor, didn't means test himself when he claimed Baby Bonds for his own children's tax-free trust funds to give them a good start in life at 18.
Letter: YOUR SHOUT - Elderly should not be tested by Evening Chronicle (Newcastle, England)
On October 9 she said baby bonds were "on the back burner," and the next day her campaign staff assured reporters that the bonds were "off the table.
Bonds for babies: democrats discover the ownership society by Weigel, David / Reason
A pension should run from the cradle to the grave rather than the Government handing out baby bonds, which can be cashed in when a youngster reaches the age of 18.
Letter: Pension cure by Sunday Mercury (Birmingham, England)
 
 
 
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