From Longman Dictionary of Contemporary Englishsavings bondˈsavings bond noun [countable] technical BFSa bond that is sold by the US government and that cannot be sold from one person to another
Examples from the Corpus
savings bond• All spellers who compete in the bee will receive a $ 50 savings bond, a watch and cash prizes.From Longman Business Dictionarysavings bondˈsavings bondFINANCE a government bond sold to encourage people to save and invest small amounts of moneyUS savings bonds cannot be redeemed before six months has elapsed. → bond 