savings bond
noun/ˈseɪvɪŋz bɒnd/
/ˈseɪvɪŋz bɑːnd/
- a type of bond that is issued and sold by the government, mainly to individuals
- If the economy improves and interest rates rise, your savings bonds will go up too.
Definitions on the go
Look up any word in the dictionary offline, anytime, anywhere with the Oxford Advanced Learner’s Dictionary app.
Check pronunciation:
savings bond