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baby bond

British

noun

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

With so many potential beneficiaries, it would be the largest baby bond program enacted in the nation to date.

From Washington Post • Oct. 19, 2022

City Council passed a baby bond program in 2021, committing to give low-income children $500 plus another $1,000 each year that their parents remain below a certain income level.

From Seattle Times • Jul. 22, 2022

As Mr. Murphy said in introducing the baby bond proposal, “You can’t ignore tomorrow.”

From Washington Times • Sep. 9, 2020

Le Grand, who worked in No 10's policy unit under Blair between 2003 and 2005, is credited with introducing Labour's quasi-market reforms and devising its "baby bond" child trust funds.

From The Guardian • Feb. 2, 2011

Meanwhile last week Premier Blum staked his Government's prestige on an appeal to the French small-Capitalist class to buy up a huge "baby bond" issue, broken into shares as low as $6.60 apiece.

From Time Magazine Archive

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023