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  1. Oxford Dictionary

    Savings Bond

    • n.
      another term for Premium Bond；(in the US) a government bond sold to the general public, yielding variable interest.

    • noun: Savings Bond, plural noun: Savings Bonds

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    savings bond

    • IPA[ˈsāviNGz bänd]
    • n.
      a bond issued by the government and sold to the general public.

    Oxford American Dictionary