Premium Bond

noun [C] (also Premium Savings Bond) UK FINANCE

Definition

› a type of bond that you can buy as part of a UK government system in which you have the chance to win money each month for as long as you do not sell the bond: Only if a premium bond is cashed in will it be removed from the draw.

(Definition of Premium Bond noun from the Cambridge Business English Dictionary © Cambridge University Press)

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preliminary injunction noun
preliminary noun
premier adjective
premises plural noun
premium adjective
Premium Bond noun
premium income noun
premium noun
premium pay noun
premium price noun
premium rate noun

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bond premium noun
Premium Savings Bond noun

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