ˈsavings bond noun [countable] technical a
bond that is sold by the US government and that cannot be sold from one person to another
[TahlilGaran] Dictionary of Contemporary English ▲
savings bond n. A government certificate given for money and saved for a number of years so that the government will pay back the money with interest.
Mary bought a $25 savings bond for $18.75. John's father gave him a savings bond for graduation. [TahlilGaran] English Idioms Dictionary ▲