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savings bond
noun
: a nontransferable registered U.S. bond issued in denominations of $50 to $10,000
Examples of savings bond in a Sentence
Recent Examples on the Web
The interest that your savings bonds earn is subject to federal income tax, but not state or local income tax.
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Susan Tompor, Detroit Free Press, 24 Apr. 2024
Some people might send savings bonds to celebrate your baby's birth.
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Becky Batcha and Hiranmayi Srinivasan, Parents, 29 Mar. 2024
When navigating your tax return, don’t forget about income such as interest from your bank, brokerage account or savings bonds in some cases, as well as dividends and capital gains.
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Danielle Chemtob, Forbes, 27 Mar. 2024
The Bulletin reported that Bertucci won a $1,000 savings bond from Bonnie Plant, a greenhouse facility that provides gardeners with fresh fruits, vegetables and succulents.
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USA TODAY, 15 Jan. 2024
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These examples are programmatically compiled from various online sources to illustrate current usage of the word 'savings bond.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1927, in the meaning defined above
Dictionary Entries Near savings bond
Cite this Entry
“Savings bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20bond. Accessed 27 Jul. 2024.
Kids Definition
savings bond
noun
: a registered U.S. bond that comes in values of $50 to $10,000
Legal Definition
savings bond
see bond sense 2
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