savings bond Synonyms

No Synonyms and anytonyms found

savings bond Meaning

Wordnet

savings bond (n)

non-negotiable government bond; cannot be bought and sold once the original purchase is made

savings bond Sentence Examples

  1. The government issues savings bonds as a safe and reliable investment option.
  2. Savings bonds typically have a fixed interest rate and a set maturity date.
  3. Investors can purchase savings bonds through their bank or directly from the government.
  4. The minimum purchase amount for savings bonds is $25, making them accessible to all investors.
  5. Savings bonds are exempt from state and local income taxes, offering potential tax savings.
  6. The interest earned on savings bonds is typically added to the principal value, increasing the investment's worth over time.
  7. Savings bonds can be used to fund future financial goals, such as education or retirement.
  8. The I Bonds series of savings bonds are inflation-indexed, providing protection against rising prices.
  9. Gift savings bonds are an excellent way to start children on their savings journey.
  10. 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.