Definitions
There is 1 meaning of the phrase
Premium Bond.
Premium Bond - as a noun
A government bond that bears no interest or capital gains but enters the holder into lotteries
Example Sentences
"I decided to invest in premium bonds to potentially earn a higher return."
"My grandmother gave me a premium bond as a gift for my birthday."
"I won a large sum of money from a premium bond I had purchased."
"She purchased premium bonds for her children's college fund."
"I received a notification that I had won a prize from my premium bond."
