savings bond (Meaning)
Wordnet
savings bond (n)
non-negotiable government bond; cannot be bought and sold once the original purchase is made
Synonyms & Antonyms of savings bond
No Synonyms and anytonyms found
savings bond Sentence Examples
- The government issues savings bonds as a safe and reliable investment option.
- Savings bonds typically have a fixed interest rate and a set maturity date.
- Investors can purchase savings bonds through their bank or directly from the government.
- The minimum purchase amount for savings bonds is $25, making them accessible to all investors.
- Savings bonds are exempt from state and local income taxes, offering potential tax savings.
- The interest earned on savings bonds is typically added to the principal value, increasing the investment's worth over time.
- Savings bonds can be used to fund future financial goals, such as education or retirement.
- The I Bonds series of savings bonds are inflation-indexed, providing protection against rising prices.
- Gift savings bonds are an excellent way to start children on their savings journey.
- Savings bonds are a classic investment vehicle that has proven to be a reliable means of wealth accumulation.
FAQs About the word savings bond
non-negotiable government bond; cannot be bought and sold once the original purchase is made
No synonyms found.
No antonyms found.
The government issues savings bonds as a safe and reliable investment option.
Savings bonds typically have a fixed interest rate and a set maturity date.
Investors can purchase savings bonds through their bank or directly from the government.
The minimum purchase amount for savings bonds is $25, making them accessible to all investors.
