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savings bond

savings bond

5 3.1
A government certificate you buy to save money and earn interest that you cannot sell
  • noun
  • /ˈseɪvɪŋz bɑnd/
  • Specialized
translation icon : bono de ahorro
  • If I wanted it to be money she saved, then I'd give her a savings bond or something similar.
  • U.S. savings bonds
  • EE savings bond
  • Savings bonds pay

And this is around the NSNI Green Savings Bond.

Examples

Synonyms

Treasury
vssavings bond
  • Specialized
32 6.9

A United States government bond sold to investors that pays interest and returns the money later

is non-negotiable and kept by individuals rather than traded
government bond
vssavings bond
  • Specialized
14 2.7

A loan to a government that pays interest over time and is usually safe

is non-transferable and held until maturity for individual savers
government security
vssavings bond
  • Specialized
1 4.0

A bond or note that a government sells to borrow money

is typically non-transferable and aimed at individual saving rather than public financing

How Tradable

government bond
  • Specialized
14 2.7
Treasury bill
  • Specialized
4 4.6
registered bond
  • Formal
7.0
savings bond
  • Specialized
5 3.1

Surface Forms

savings bond singular
savings bonds plural

Morphology

savings + bond

The term transparently combines 'savings' (funds set aside) and 'bond' (a debt instrument), so a learner who knows both words can infer it refers to a bond used for saving money—a government-issued saving instrument that pays interest. Although legal details like non-transferability are specialist, the core sense is compositionally predictable and parallels equivalents in other languages, making it understandable to a B1 learner.

Etymology

The term savings bond comes from the simple idea of savings (money you put away) and bond (a paper promise to pay you back). Governments offered these paper promises to encourage people to 'save' and earn interest, so a savings bond now means a government promise you buy to keep your money safe and grow a little over time.