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 The Treasury does this by selling securities like T-bills, notes, and savings bonds. Kelly Phillips Erb, Forbes, 7 Sep. 2024 New rates for savings bonds are set each May 1 and Nov. 1. Susan Tompor, Detroit Free Press, 24 Apr. 2024 The interest that your savings bonds earn is subject to federal income tax, but not state or local income tax. Susan Tompor, Detroit Free Press, 24 Apr. 2024 Some people might send savings bonds to celebrate your baby's birth. Becky Batcha and Hiranmayi Srinivasan, Parents, 29 Mar. 2024 See all Example Sentences for savings bond 

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 2 Oct. 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

Last Updated: - Updated example sentences
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