savings bond

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savings bond

A nontransferable registered bond issued by the US government in denominations of $50 to $10,000.

sav′ings bond`

a U.S. government bond with principal amounts issued in denominations up to $10,000.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
References in periodicals archive ?
Q My Co-op fixed rate savings bond matures next month and the new rates are very poor.
As the new management at the Debt Management Office (DMO) settles down to repositioning the organisation into a first-class institution, it has been revealed that its Savings bond initiative has cumulatively raked N6 billion into government coffers.
Global Banking News-May 11, 2015--Singapore savings bond to be made available through ATMs
In order to send a savings bond now, you must go online to create a TreasuryDirect account - which involves giving the routing and account numbers for your checking account.
Savings Bond or Canadian Savings Bond and recognition at the Teacher Awards Banquet at NSTA's National Conference.
Treasury, the IRS and the Bureau of Public Debt to develop the savings bond option.
The IRS will override the savings bond purchase request if there is an error in figuring the amount of the refund or if the refund is offset by other taxes or debts such as student loans or past due child support payments.
savings bond series E, EE and I until the bonds' redemption, disposition or maturity.
No savings bond issue or any other Treasury security issue has ever
There are several additional rules governing the savings bond exclusion and limiting the potential for abuse of it.
Because their tax liabilities were substantially reduced, when the clients redeemed (cashed in) their maturing savings bonds, and they had to report the savings bond interest earnings as ordinary income on their federal income tax return, their new total GTI was still far less than what they were previously reporting before including the savings bond interest income.
The grand prize winner will receive a $10,000 savings bond, while the second and third place winners will receive $5,000 and $3,000, respectively, in savings bonds.

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