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U.S. Savings Bonds
Fixed-income investments issued by the U.S. Treasury Department; they are purchased for half their face value, and can be redeemed for the full face value upon maturity.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
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