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has gloss | (noun) a government bond that bears no interest or capital gains but enters the holder into lotteries Premium Bond |
has gloss | eng: A Premium Bond is a lottery bond issued by the United Kingdom government's National Savings and Investments scheme. The government promises to buy back the bond, on request, for its original price. They were introduced by Harold Macmillan in his 1956 budget. The first winner was Ronnie Butters a railway shunter working at Halifax. He was later to advertise Premium Bonds on television. |
lexicalization | eng: Premium Bonds |
lexicalization | eng: Premium Bond |
subclass of | (noun) a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal bond, bond certificate |
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similar | e/Premium Bond |
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similar | e/Premium Bonds |
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media:img | ERNIE1 2008.jpg |
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