savings bond

noun

: a nontransferable registered U.S. bond issued in denominations of $50 to $10,000

Example Sentences

Recent Examples on the Web Tax breaks might apply to those who qualify when cashing a savings bond to pay education expenses. —

Susan Tompor, Detroit Free Press, 15 Feb. 2023 The Bible had a savings bond with Olander's name on it, according to Kyles. —

John Quinones, ABC News, 10 Nov. 2022 High inflation and a higher interest rate environment pushed up rates on the less popular U.S. savings bond, the Series EE bond, too. —

Susan Tompor, Detroit Free Press, 1 Nov. 2022 Investigators set up over 100 savings bond purchases, with face values ranging from $50 to $1,000, with Singh and Campbell between Oct. 2020 and Jan. 2021. —

Mike Mavredakis, Hartford Courant, 29 Nov. 2022 In an era of low CD rates, Series I savings bond interest rates are astounding — currently 9.62%. —

Terry Savage, Orlando Sentinel, 15 Aug. 2022 And last month so many people rushed to TreasuryDirect to purchase the government savings bond that the website crashed. —

Michelle Singletary, Washington Post, 22 June 2022 Her crayon likeness of the Liberty Bell, its crack intact and with a rainbow overhead, won a $100 savings bond. —

Mike Klingaman, Baltimore Sun, 29 June 2022 In the subsequent naming contest, Tracy Reed, a student at nearby Northwood Elementary, submitted the winning entry and won a $50 savings bond. —

David Reamer, Anchorage Daily News, 19 June 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'savings bond.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.