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

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Savings and loan association

Savings and loan association

In the US, a financial institution in which depositors' savings are used to provide home mortgages loans.


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In the US, a savings bank which is owned by its depositors.


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A source of competitive advantage that depends on access to low cost sources of capital.


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An institution that primarily accepts consumer savings deposits and to make home mortgage loans.


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individual savings account
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lifelong individual savings account


 
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