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investment bond

Line breaks: in|vest|ment bond

Definition of investment bond in English:

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’.

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