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 Some people might send savings bonds to celebrate your baby's birth. 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. 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. USA TODAY, 15 Jan. 2024 Every three years the Fed, with the help of NORC at the University of Chicago, asks at least 4,500 Americans an astonishingly exhaustive, almost two-hour battery of questions on income and assets, from savings bonds to gambling winnings to mineral rights. Andrew Van Dam, Washington Post, 10 Nov. 2023 If Minneapolis receives your order from the IRS on March 18, the issue date of your savings bonds will be March 1. Susan Tompor, Detroit Free Press, 22 Mar. 2023 In 2006, the county briefly started an employee savings bond program that erroneously overpaid more than two dozen employees. Josephine Peterson, Dallas News, 14 May 2023 Additionally, the interest that your savings bonds earns is subject to federal income tax, but not state or local income tax. Susan Tompor, Detroit Free Press, 19 Apr. 2023 The debt ceiling, also called the debt limit, is a cap on the total amount of money that the federal government is authorized to borrow via U.S. Treasury securities, such as bills and savings bonds, to fulfill its financial obligations. Jim Tankersley, New York Times, 17 Apr. 2023

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

Time Traveler
The first known use of savings bond was in 1927

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 21 Jun. 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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