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SAVINGS BOND
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
Non-negotiable government bond; cannot be bought and sold once the original purchase is made
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("savings bond" is a kind of...):
government bond (a bond that is an IOU of the United States Treasury; considered the safest security in the investment world)