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savings bond

   Also found in: Financial 0.03 sec.
savings bond
n.
A nontransferable registered bond issued by the U.S. government in denominations of $50 to $10,000.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.savings bond - non-negotiable government bondsavings bond - non-negotiable government bond; cannot be bought and sold once the original purchase is made
government bond - a bond that is an IOU of the United States Treasury; considered the safest security in the investment world


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Opening up a savings account and applying for a savings bond are usually options taken by people who want to know that their money is safe as in the UK it is backed up by the government's £50,000 guarantee.
THE COVENTRY Building Society has launched the Poppy Bond - a fixed rate savings bond that will deliver a significant charitable donation.
For more information about each type of savings bond, see the Products in Depth section of TreasuryDirect.
 
 
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