bond

See: SAVINGS BOND.

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Source: A Dictionary of American Idioms

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savings bond

[savings bond] {n.} A government certificate given for money and saved for a number of years so that the government will pay back the money with interest. * /Mary bought […] A Dictionary of American Idioms

face value

[face value] {n.} 1. The worth or price printed on a stamp, bond, note, piece of paper money, etc. * /The savings bond had a face value of $25./ 2. […] A Dictionary of American Idioms

day of grace

[day of grace] {n. phr.} An extension period after the due date of some contract or bond. * /The premium is due on the first of each month, but they […] A Dictionary of American Idioms

out on bail

[out on bail] {adv. phr.} Released from prison because a security deposit known as "bail" has been put up by an individual or a bail bond broker. * /The murder […] A Dictionary of American Idioms

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