Premium Bond
Premium Bond · Premium Bonds
A method of financial investment available to British citizens where, instead of…A method of financial investment available to British citizens where, instead of interest payments, investors have the chance to win tax-free prizes, or get their money back.
Meaning
1 senses(UK)A method of financial investment available to British citizens where, instead of interest payments, investors have the chance to win tax-free prizes, or get their money back.
More definitions
- a government bond that bears no interest or capital gains but enters the holder into lotteries
Forms
plural: Premium Bonds| Singular | Premium Bond |
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regular
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.