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English definition of “Premium Bond”

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Premium Bond

noun [C] uk   UK us  
a government investment in which you do not receive interest but have the chance every month to win a prize of money
Translations of “Premium Bond”
in Chinese (Traditional) 有獎儲蓄公債…
in Chinese (Simplified) 以奖金代息储蓄证券…
(Definition of Premium Bond from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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