Premium Bond
(UK, finance) 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.
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(UK, finance) 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.
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- guaranteed equity bond59%
(British, finance) A type of investment that returns a fixed portion of the principal plus the result of equity trading with the balance.
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(US, historical, finance) A war bond sold in the United States to support the Allied cause in World War I.
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(UK, education) A grant awarded by the government to schools in England for the benefit of disadvantaged students.
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(UK, legal, obsolete) A payment of money; a toll or duty.
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(chiefly, British, slang, humorous) The national lottery.