savings bond

noun

Definition of savings bond

: 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 rest is divided up between banks, insurance companies, private pensions and savings bonds. Brian Mcgill, WSJ, "The National Debt, Visualized," 3 Aug. 2019 Ryder, who is now 9 and in the fourth grade, will receive a $1,000 savings bond for his efforts. Karina Bland, azcentral, "Boy grows a 25.6-pound cabbage and wins a $1,000 prize," 3 Nov. 2019 Ask Us a Question Series EE savings bonds can be used to pay for higher education, but there are some tax implications to consider, says Deborah Goodkin, managing director at NEST 529 College Savings Plans, Nebraska’s state program. WSJ, "Savings Bonds Can Be Used for College, but Be Careful," 4 Nov. 2018 The thieves used money from his account to purchase savings bonds without his knowledge, his cousin, Volma Overton Jr., told KVUE. Essence.com, "Bank Restores Funds To 112-Year-Old Veteran Whose Money And Identity Was Stolen," 9 July 2018 First-place teams received $1,000 worth of savings bonds per student team member. Alec Johnson, Milwaukee Journal Sentinel, "Lake Country School students win statewide contest for app touting the benefits of vaccines," 18 May 2018 One of the burglaries netted him 30 federal savings bonds, which were later cashed in Oceanside and Vista, police said. City News Service, sandiegouniontribune.com, "Police seek man who burglarized 10 homes while dressed as construction worker," 10 May 2018 For instance, money can be transferred from a Coverdell savings account to a 529 for the same child, or from a qualified U.S. savings bond into a 529. Chana R. Schoenberger, WSJ, "What to Know About ‘529’ Transfers," 6 May 2018 He's invested in the Ohio Public Employees Retirement system and U.S. savings bonds. cleveland.com, "Ohio statewide candidates make ethics disclosures for 2017," 11 Apr. 2018

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.

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First Known Use of savings bond

1927, in the meaning defined above

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Time Traveler for savings bond

Time Traveler

The first known use of savings bond was in 1927

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Cite this Entry

“Savings bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20bond. Accessed 25 Nov. 2020.

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More Definitions for savings bond

savings bond

noun

English Language Learners Definition of savings bond

finance : a bond sold by the U.S. government that comes in values of to ,000

savings bond

Legal Definition of savings bond

see bond sense 2

Comments on savings bond

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