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premium bond

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.03 sec.
See: coupon


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? Mentioned in ? References in periodicals archive
 
Savings related unit-linked endowments have stabilized, as risk averse customers have chosen regular premium products rather than risking a lump sum investment in a single premium bond.
The combination of NorZon(R) zirconia oxide and Norton SG(R) seeded-gel abrasives with a premium bond results in a wheel that outlasts and out-cuts wheels made with either zirconia alumina and aluminum oxide wheels.
When customers invest with us they are lending money to the government, which pays them interest or Premium Bond prizes in return.
 
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