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premium bond

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
See: coupon


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Premium Bonds are a unique type of product, available exclusively through National Savings.
John Bartlett, prosecuting, said a Premium Bond account with National Savings and Investments was opened in 2001 for Kurt, who was then 11, with pounds 3,000 and another pounds 13,000 was invested later that year.
ONE of the two pounds 1million Premium Bond jackpots is to be replaced by a range of smaller prizes.
 
 
 
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