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savings bond

noun

a U.S. government bond with principal amounts up to $10,000.

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Words nearby savings bond

saving grace, saving grace, a, savings account, savings and loan association, savings bank, savings bond, savings certificate, savings ratio, savior, saviour, savitskaya

Origin of savings bond

First recorded in 1945–50
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Cultural definitions for savings bond

savings bond

A bond issued by the United States government and sold in relatively small denominations, mainly to individuals.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.