savings bond

1. 1.

   non-negotiable government bond; cannot be bought and sold once the original purchase is made

   Broadergovernment bond

Questions about savings bond

What does savings bond mean?

savings bond means "non-negotiable government bond; cannot be bought and sold once the original purchase is made".

Is savings bond a common word?

savings bond is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.