Definition of savings bond in English:

savings bond

Syllabification: sav·ings bond

noun

A bond issued by the government and sold to the general public.
More example sentences
  • Unlike a money market fund, which can usually be cashed in at any time without penalty, you can't withdraw your money from a Savings Bond for the first six months.
  • Purchasing a Savings Bond with an October issue date is key to this strategy.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day animalcule
Pronunciation: ˌanəˈmalˌkyo͞ol
noun
a microscopic animal