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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
As a result of the debt restructuring that followed, many middle class Ghanaians had to exchange their government savings bonds for new ones with lower yields and longer maturity timelines.
—Justice Baidoo, The Christian Science Monitor, 9 Dec. 2024
Often, people have accumulated assets over their lifetimes and lose track of them, such as savings bonds or insurance policies, Peterson said.
—Lorie Konish, CNBC, 27 Nov. 2024
This government website may help lead you to databases to search for forgotten pensions, VA benefits, taxes, investments, savings bonds and bankruptcies.
—Next Avenue, Forbes, 7 Oct. 2024
The Treasury does this by selling securities like T-bills, notes, and savings bonds.
—Kelly Phillips Erb, Forbes, 7 Sep. 2024
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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 22 Dec. 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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