Definition of Premium Bond in English:

Premium Bond

Line breaks: Pre|mium Bond
Pronunciation: /ˈpriːmiəmbɒnd/

Entry from British & World English dictionary

(also Premium Savings Bond)

noun

  • (In the UK) a government security that offers no interest or capital gain but is entered in regular draws for cash prizes.

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Word of the day kerf
Pronunciation: kəːf
noun
a slit made by cutting with a saw