|
|
 |
|
|
|
|
| sav·ings bond (plural sav·ings bonds) |
noun |
|
| Definition: |
| |
1. U.S. government bond: a registered bond issued by the U.S. government in denominations of $50 to $10,000. It allows people to earn interest on the savings they entrust to the government in exchange for the bond.
|
2. Canada Canadian government-issued bond: a bond issued by the Canadian government in denominations of $100 to $100,000. The bond is offered to most working Canadians through a payroll deduction plan.
|
|
|
|
