Premium Bond Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “Premium Bond” in the English Dictionary

"Premium Bond" in British English

See all translations

Premium Bondnoun [C]

uk   us   UK
a ​governmentinvestment in which you do not ​receiveinterest but have the ​chance every ​month to ​win a ​prize of ​money
(Definition of Premium Bond from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"Premium Bond" in Business English

See all translations

Premium Bondnoun [C]

uk   us   (also Premium Savings Bond) UK FINANCE
a ​type of ​bond that you can ​buy as ​part of a UK ​governmentsystem in which you have the chance to ​winmoney each month for as ​long as you do not ​sell the ​bond: Only if a ​premiumbond is ​cashed in will it be ​removed from the ​draw.
(Definition of Premium Bond from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “Premium Bond”
in Chinese (Simplified) 以奖金代息储蓄证券…
in Chinese (Traditional) 有獎儲蓄公債…
What is the pronunciation of Premium Bond?
Add Cambridge dictionaries to your browser to your website

More meanings of “Premium Bond”

Word of the Day

float

a large vehicle with a flat surface that is decorated and used in festivals

Word of the Day

PLEASE DON’T SHOUT!
PLEASE DON’T SHOUT!
by Colin McIntosh,
February 09, 2016
New words are entering the language all the time. A few of these are completely new and original coinages, but the vast majority are based on the existing stock of words in some way, for example by using affixes (prefixes and suffixes). These can have the effect of changing the meaning of the

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More