savings bond
noun
Definition of savings bond
: a nontransferable registered U.S. bond issued in denominations of $50 to $10,000
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First Known Use of savings bond
1927
SAVINGS BOND Defined for English Language Learners
savings bond
noun
Definition of savings bond for English Language Learners
-
finance : a bond sold by the U.S. government that comes in values of $50 to $10,000
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