treasury savings certificate

noun

: a registered nontransferable certificate of the U.S. government issued between 1921 and 1924 in denominations of $25, $100, and $1000 maturity value five years from date of issue with the interest rate being about 4¹/₂ percent per annum compounded semiannually if held to maturity

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Dictionary Entries Near treasury savings certificate

Cite this Entry

“Treasury savings certificate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/treasury%20savings%20certificate. Accessed 31 Oct. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!