war bond

Definition

A type of government issued debt security that is primarily used in times of U.S. involvement in war for financing purposes. These were common during World War II, when the government enlisted the help of war heroes and other celebrities to raise funds.

Use war bond in a sentence

The war bond was issued and we were happy to take the role of the lender to support our country.

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They had a war bond in case there was an outbreak of war and they needed something to work with.

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You may want to take out a war bond if you think there is good investment potential in it at the time.

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