Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “baby bond”

baby bond

noun [C]     FINANCE
an investment plan for children in the UK that begins at birth and whose purpose is to provide money for the child after the age of 18: By putting £50 a month in baby bonds, you might accumulate £24,000 over 18 years. Baby bonds are more formally known as a Child Trust Fund.
US informal a bond with a value of $1,000 dollars or less: Baby bonds bring the bond market within the reach of the small investor.
(Definition of baby bond noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of baby bond

Word of the Day

pump iron

to lift heavy weights for exercise

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More