Savings bond


 

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Savings bond

A government bond issued in face value denominations from $50 to $10,000, with local and state tax-free interest and semiannually adjusted interest rates.



Savings bond

Similar Matches

Savings element

Savings element

The cash value which accumulates within a life insurance policy. The premium is applied to give both life cover plus a savings element which is allowed to grow tax deferred until withdrawn.


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See 'individual savings account'.


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See 'National Savings'.


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Savings Association Insurance Fund (SAIF)

A government organization that ../../finance-glossary/d the Federal Savings and Loan Insurance Corporation as the provider of deposit insurance for thrift institutions.


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