PREMIUM BOND

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does Premium Bond mean? 

• PREMIUM BOND (noun)
  The noun PREMIUM BOND has 1 sense:

1. a government bond that bears no interest or capital gains but enters the holder into lotteries

  Familiarity information: PREMIUM BOND used as a noun is very rare.

 Dictionary entry details 

• PREMIUM BOND (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)