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premium bond

/ˈpriːmiəm bɒnd/

1 entry

phrase

/ˈpriːmiəm bɒnd/C1formalbritishbusiness
  • ruТип государственной сберегательной облигации в Великобритании, где вместо начисления процентов владелец облигации участвует в ежемесячном розыгрыше призов в виде не облагаемых налогом денежных выигрышей.

A type of government savings bond in the United Kingdom where instead of earning interest, the bondholder is entered into a monthly prize draw for tax-free cash prizes.

  1. Government savings schemeB2formalbritish

    A type of savings bond issued by the UK government where, instead of earning interest, the bondholder is entered into a monthly prize draw for tax-free cash prizes.

    ruПремиальная облигация

    • My grandmother bought me a premium bond for my birthday.
    • You can cash in your premium bonds at any time without penalty.
    • The prize fund for premium bonds is determined by the interest rate.