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Definition of Premium Bond
1. Noun. A government bond that bears no interest or capital gains but enters the holder into lotteries.
Geographical relationships: Britain, Great Britain, U.k., Uk, United Kingdom, United Kingdom Of Great Britain And Northern Ireland
Generic synonyms: Bond, Bond Certificate
Generic synonyms: Bond, Bond Certificate
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
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