| / English Dictionary |
PREMIUM BOND
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A government bond that bears no interest or capital gains but enters the holder into lotteries
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("Premium Bond" is a kind of...):
bond; bond certificate (a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal)
Domain region:
Britain; Great Britain; U.K.; UK; United Kingdom; United Kingdom of Great Britain and Northern Ireland (a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; 'Great Britain' is often used loosely to refer to the United Kingdom)
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