Lexic.us

Definition of Premium Bond

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

Definition of Premium Bond

1. Noun. a method of financial investment available to UK citizens where, instead of interest payments, investors have the chance to win tax-free prizes, or get their money back. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Premium Bond

Literary usage of Premium Bond

Below you will find example usage of this term as found in modern and/or classical literature:

1. Reports of Cases Argued and Determined in the Supreme Court of Louisiana by Louisiana Supreme Court (1888)
"The premium bond plan included all tho bim.'.-i debt of tbe city of "New Orleans of -late antecedent to the adoption oT the premium bond act in 1876; ..."

2. The Principles of Bond Investment by Lawrence Chamberlain (1911)
"Adding par to this to get the present worth of the premium bond, we have Cost=l+ CN In the case of the discount bond the net yield is more than the coupon ..."

3. The Bond Buyers' Dictionary by Samuel Armstrong Nelson (1907)
"The premium bond, at maturity, is worth only par, and the premium is lost by the ... The individual investor buying a premium bond should figure his income ..."

4. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1885)
"31 of 1876, the Premium Bond Act ; The authorities appeared on the return day and excepted to the jurisdiction of the court to grant the writ, ..."

5. Cases Argued and Adjudged in the Supreme Court of the United States by United States Supreme Court, John William Wallace (1879)
"The said tax so to be raised shall be denominated the premium-bond tax, and shall be separately mentioned in the tax rolls and receipts: Provided, ..."

6. United States Reports, Supreme Court: Cases Argued and Adjudged in the by United States Supreme Court, William T. Otto (1904)
"The said tax so to be raised shall be denominated the premium-bond tax, and shall be separately mentioned in the taj rolls and receipts: Provided, ..."

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