Definition of investment bond in English:

Share this entry

investment bond

noun

(In the UK) a single-premium life insurance policy linked to a unit trust for long-term investment.
Example sentences
  • The preserved pension benefits can be transferred to a ‘buy out bond’ (an investment bond with an insurance company which is equivalent in value to your pension benefits which are being transferred).
  • A buy-out bond is, generally speaking, an investment bond which is purchased from a life assurance company.
  • It offers five funds managed by leading international investment houses to its unit linked investment bond, ‘Spectrum Bond’.
Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.