Definitions
There is 1 meaning of the phrase
Savings Bond.
Savings Bond - as a noun
Non-negotiable government bond; cannot be bought and sold once the original purchase is made
Example Sentences
"I bought a savings bond as a graduation gift for my niece."
"She decided to cash in her savings bond to help pay for her college tuition."
"My grandparents gave me a savings bond for my birthday."
"He invested his money wisely by purchasing savings bonds."
"The company offers a program where employees can purchase savings bonds through payroll deduction."