premium bond

English Thesaurus

1. a government bond that bears no interest or capital gains but enters the holder into lotteries (noun.possession)

hypernym	:	bond, bond certificate,
definition	:	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 (noun.possession)

domain region	:	britain, great britain, u.k., uk, united kingdom, united kingdom of great britain and northern ireland,
definition	:	a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom (noun.location)