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Meaning of "premium bond" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF PREMIUM BOND

premium bond  [ˈpriːmɪəm bɒnd] play
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GRAMMATICAL CATEGORY OF PREMIUM BOND

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Premium bond is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES PREMIUM BOND MEAN IN ENGLISH?

premium bond

Premium Bond

A Premium Bond is a Lottery Bond issued by the United Kingdom government's National Savings and Investments agency. The bonds are entered in a regular prize draw and the government promises to buy them back, on request, for their original price. The bonds were introduced by Harold Macmillan in his 1956 budget. The government pays interest on the bond. But instead of the interest being paid into individual accounts, it is paid into a prize fund from which a monthly lottery distributes tax-free prizes, or premiums, to those bond-holders whose numbers are selected randomly. The machine that generates random numbers for the lottery is called ERNIE, for Electronic Random Number Indicator Equipment. There are many different prizes ranging from £25 to the top prize of £1,000,000. Investors can purchase bonds at any time; bonds need to be held for a full calendar month after the month in which they are bought, e.g. purchase in January, eligible for March. Numbers are entered each month, with an equal chance of winning any prize, until the bond is cashed in.

WORDS THAT RHYME WITH PREMIUM BOND


backbond
ˈbækˌbɒnd
beyond
bɪˈjɒnd
blond
blɒnd
blonde
blɒnd
bond
bɒnd
correspond
ˌkɒrɪˈspɒnd
counterbond
ˈkaʊntəˌbɒnd
donned
dɒnd
eurobond
ˈjʊərəʊˌbɒnd
fond
fɒnd
Gond
ɡɒnd
monde
mɒnd
platinum-blonde
ˌplætɪnəmˈblɒnd
pond
pɒnd
respond
rɪˈspɒnd
ronde
rɒnd
seconde
sɪˈkɒnd
sonde
sɒnd
vagabond
ˈvæɡəˌbɒnd
wand
wɒnd

WORDS THAT BEGIN LIKE PREMIUM BOND

premiership
premigration
premillenarian
premillenarianism
premillennial
premillennialism
premillennialist
premillennially
Preminger
premise
premises
premiss
premium
premium bonds
premium deal
premium fuel
premium price
Premium Savings Bonds
premium-rate
premix

WORDS THAT END LIKE PREMIUM BOND

baby bond
bail bond
bid bond
chemical bond
corporate bond
covalent bond
double bond
government bond
hydrogen bond
in bond
income bond
ionic bond
junk bond
peptide bond
performance bond
post-obit bond
single bond
treasury bond
triple bond
war bond
zero-coupon bond

Synonyms and antonyms of premium bond in the English dictionary of synonyms

SYNONYMS

Translation of «premium bond» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF PREMIUM BOND

Find out the translation of premium bond to 25 languages with our English multilingual translator.
The translations of premium bond from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «premium bond» in English.

Translator English - Chinese

溢价债券
1,325 millions of speakers

Translator English - Spanish

bono con prima
570 millions of speakers

English

premium bond
510 millions of speakers

Translator English - Hindi

प्रीमियम बांड
380 millions of speakers
ar

Translator English - Arabic

السندات قسط
280 millions of speakers

Translator English - Russian

премия облигаций
278 millions of speakers

Translator English - Portuguese

título de capitalização
270 millions of speakers

Translator English - Bengali

প্রিমিয়াম বন্ড
260 millions of speakers

Translator English - French

liaison prime
220 millions of speakers

Translator English - Malay

Bon premium
190 millions of speakers

Translator English - German

Premium- Bindung
180 millions of speakers

Translator English - Japanese

プレミアムボンド
130 millions of speakers

Translator English - Korean

프리미엄 채권
85 millions of speakers

Translator English - Javanese

Jaminan premium
85 millions of speakers
vi

Translator English - Vietnamese

trái phiếu cao cấp
80 millions of speakers

Translator English - Tamil

பிரீமியம் பத்திர
75 millions of speakers

Translator English - Marathi

प्रीमियम बॉण्ड
75 millions of speakers

Translator English - Turkish

Prim tahvil
70 millions of speakers

Translator English - Italian

legame premium
65 millions of speakers

Translator English - Polish

premia obligacji
50 millions of speakers

Translator English - Ukrainian

премія облігацій
40 millions of speakers

Translator English - Romanian

legătură premium
30 millions of speakers
el

Translator English - Greek

premium των ομολόγων,
15 millions of speakers
af

Translator English - Afrikaans

premie band
14 millions of speakers
sv

Translator English - Swedish

premie bindning
10 millions of speakers
no

Translator English - Norwegian

premium bond
5 millions of speakers

Trends of use of premium bond

TRENDS

TENDENCIES OF USE OF THE TERM «PREMIUM BOND»

The term «premium bond» is normally little used and occupies the 124.458 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
42
/100
The map shown above gives the frequency of use of the term «premium bond» in the different countries.
Principal search tendencies and common uses of premium bond
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «premium bond».

FREQUENCY OF USE OF THE TERM «PREMIUM BOND» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «premium bond» during the past 500 years. Its implementation is based on analysing how often the term «premium bond» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about premium bond

EXAMPLES

10 ENGLISH BOOKS RELATING TO «PREMIUM BOND»

Discover the use of premium bond in the following bibliographical selection. Books relating to premium bond and brief extracts from same to provide context of its use in English literature.
1
J.K. Lasser's Your Income Tax 2011: For Preparing Your 2010 ...
4.1 7 Amortization of Bond Premium Bond premium is the extra amount paid for a bond in excess of its principal or face amount when the value of the bond has increased due to falling interest rates. Investors may elect to amortize the premium ...
J. K. Lasser, 2010
2
Understanding Financial Management: A Practical Guide
The opposite occurs for a premium bond. These bonds pay more interest income than investors require. As a result, such bonds sell at a premium to par value. The decrease in price over the bond's life will reduce the higher income yield ...
H. Kent Baker, Gary Powell, 2009
3
Finance and Investment Handbook
PREMIUM BOND bond with a selling price above face or redemption value. A bond with a face value of $1000, for instance, would be called a premium bond if it sold for $1050. This price does not include any accrued interest due when the ...
John Downes, Jordan Elliot Goodman, 2003
4
The Bond Book, Third Edition: Everything Investors Need to ...
This is a one-stop resource for both seasoned bond investors looking for the latest information on the fixed-income market and equities investors planning to diversify their holdings.
Annette Thau, 2010
5
Premium Bonds Facts/Myths
Other countries are starting premium bond programs but there are distinct differences between them. The forty plus years of the British system has made millionaires out of two people a month and has given several other millions cash prize in ...
John N. Villarreal
6
The Value Chain of Foreign Aid: Development, Poverty ...
Global Premium Bond The premium bond has its origin in the UK where such bonds contain a number used in a monthly lottery.130 The aggregated expected return on the bond remains unchanged, but individual bondholders can win more  ...
Christian Schabbel, 2007
7
Fundamentals of Financial Management, Concise Edition
Premium Bond A bond that sells above its par value; occurs whenever the going rate of interest is below the coupon rate. The bond's price would fall to $707.63, well below par, as a result of the increase in interest rates. Whenever the going ...
Eugene Brigham, Joel Houston, 2011
8
Reversal of Redemption
Bond, its replacement, the Premium Bond, would be highly desirable as it was actually a continuation of the RRSP bond, albeit with a different name and series number. The initial series for sale in October 1998 was the Series 1, a November  ...
Jeff E. Gregory, 2011
9
U.S. Master Bank Tax Guide (2009)
... the taxpayer may choose not to apply the election to obligations issued after September 27, 1985.164 §3.6.5 Computing Premium Bond premium is equal to the excess of the taxpayer's basis in a bond over the amount payable at maturity or, ...
Ronald W. Blasi, 2008
10
The Dow Jones-Irwin Guide to Calculating Yields
Anita and Marshall turn to Graph 13-14, Bond Interest Reinvestment, which covers reinvestment of interest at a pre-tax rate of 8 percent, in a tax bracket of 50 percent, and where the bond has 25 years until maturity.1 For the premium bond,  ...
Lawrence R. Rosen, 1985

10 NEWS ITEMS WHICH INCLUDE THE TERM «PREMIUM BOND»

Find out what the national and international press are talking about and how the term premium bond is used in the context of the following news items.
1
CRISIL ratings for Indian debt instruments-Jul 27
... Preference shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN -Floating Rate Bond/Note; ... «Reuters, Jul 15»
2
India Ratings for Indian debt instruments - Jul 24
... Preference shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN -Floating Rate Bond/Note; ... «Reuters, Jul 15»
3
CARE ratings for Indian debt instruments-Jul 23
... Preference shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN -Floating Rate Bond/Note; ... «Reuters, Jul 15»
4
India Ratings for Indian debt instruments - Jul 22
... Preference shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN -Floating Rate Bond/Note; ... «Reuters, Jul 15»
5
India Ratings for Indian debt instruments - Jul 21
... Preference shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN -Floating Rate Bond/Note; ... «Reuters, Jul 15»
6
India Ratings for Indian debt instruments - Jul 20
... Preference shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN -Floating Rate Bond/Note; ... «Reuters, Jul 15»
7
India Ratings for Indian debt instruments - Jul 15
... Preference shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN -Floating Rate Bond/Note; ... «Reuters, Jul 15»
8
July's big Premium Bond winners: Are YOU one?
With prizes of more than £61MILLION paid out this month and £49million more left unclaimed, are you one of July's big Premium Bond winners ... «Mirror.co.uk, Jul 15»
9
Post Offices to stop Premium Bond sales after 60 year tradition
Struggling post offices suffered another blow this week after it was announced they will no longer sell Premium Bonds. The Post Office has ... «Daily Mail, Jun 15»
10
Premium bonds to be pulled from post offices
National Savings & Investment premium bonds will only be available directly from the company from August 2015. Photograph: PR. «The Guardian, Jun 15»

REFERENCE
« EDUCALINGO. Premium bond [online]. Available <https://educalingo.com/en/dic-en/premium-bond>. Apr 2024 ».
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