premium bond - meaning and definition. What is premium bond
Diclib.com
ChatGPT AI Dictionary
Enter a word or phrase in any language 👆
Language:

Translation and analysis of words by ChatGPT artificial intelligence

On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:

  • how the word is used
  • frequency of use
  • it is used more often in oral or written speech
  • word translation options
  • usage examples (several phrases with translation)
  • etymology

What (who) is premium bond - definition


premium bond         
(premium bonds)
In Britain, premium bonds are numbered tickets that are sold by the government. Each month, a computer selects several numbers, and the people whose tickets have those numbers win money.
N-COUNT
Premium Bond         
(also Premium Savings Bond)
¦ noun (in the UK) a government security offering no interest or capital gain but entered in regular draws for cash prizes.
Premium Bond         
A Premium Bond is a lottery bond issued by the United Kingdom government since 1956. At present it is issued by the government's National Savings and Investments agency.

Wikipedia

Premium Bond
A Premium Bond is a lottery bond issued by the United Kingdom government since 1956. At present it is issued by the government's National Savings and Investments agency.
Examples of use of premium bond
1. Two Premium Bond holders have each won 1 million in March‘s double jackpot.
2. The lucky jackpot winners become Ernie‘s 151st and 152nd Premium Bond millionaires.
3. Premium bond holders can check whether they have won a prize at the National Savings website÷ www.nsandi.com.
4. Claire is the luckiest girl‘s name in terms of Premium Bond prizes, followed by Caroline and Victoria.
5. Sally Swait, premium bond manager at National Savings, said÷ "It‘s remarkable that we need to remind customers to claim any prize, particularly those worth 25,000.