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Government bond   /gˈəvərmənt bɑnd/   Listen
Government bond

noun
1.
A bond that is an IOU of the United States Treasury; considered the safest security in the investment world.





WordNet 3.0 © 2010 Princeton University


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"Government bond" Quotes from Famous Books



... government or by banks created by the government; nor whether at a future time the legal tender quality of United States notes shall continue. I am one of those who believe that a United States note issued directly by the government, and convertible on demand into gold coin, or a government bond equal in value to gold, is the best currency we can adopt; that it is to be the currency of the future, not only in the United States, but in Great Britain as well; and that such a currency might properly continue ...
— Recollections of Forty Years in the House, Senate and Cabinet - An Autobiography. • John Sherman


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