Savings Bond Glossary

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		Glossary for Kids: M - Z M - N - O - P - Q - R - S T - U - V - W - X - Y - Z Maturity The time it takes for a bond to be worth more is called maturity. When bonds are worth their face value, they've matured. After they stop maturing, you don't get any more extra money (interest) if you keep the bonds. [Back to Top] Online Savings Bonds Redemption Calculator If you want to find out how much money you can get for your bond right now, use the Online Savings Bonds Redemption Calculator. This will tell you how much money a bank will give you if you turn in your bond. [Back to Top] Redeem When you take your bond to the bank to get money for it, you redeem the bond. The longer you keep your bond, the more money you get when you redeem it! [Back to Top] Registration Same as inscription. [Back to Top] Savings Bond Same as bond. [Back to Top] Savings Bond Wizard If you want to find out how much money you can get for your bond right now, you can use the Savings Bond Wizard. This will tell you how much money a bank will give you if you turn in your bond. You can also keep track of all of your bonds so you'll be able to get new bonds if you lose the ones you have. Ask a parent or teacher to help you get the Wizard and show you how to use it. [Back to Top] Series EE Bond A Series EE bond is a piece of paper that shows you've agreed to lend money to the U.S. Government. The government agrees to pay you back with extra money (interest) when you decide to turn in your bond. If you go to a bank to buy a bond, a Series EE bond is one kind of bond you can buy there. Click here to see what a bond looks like. [Back to Top] Series HH Bond Please Note: Series HH bonds are no longer available for purchase. A Series HH bond is a piece of paper that shows you've agreed to lend money to the U.S. Government. The government agrees to pay you back with extra money (interest) every six months by putting the money in your bank account for you. [Back to Top] Series I Bond A Series I Bond is a piece of paper that shows you've agreed to lend money to the U.S. Government. The government agrees to pay you back with extra money (interest) when you decide to turn in your bond. If you go to a bank to buy a bond, a Series I bond is one kind of bond you can buy there. Click here to see what an I Bond looks like. [Back to Top] Single Owner If you own a bond all by yourself, without sharing it with anyone, you're the single owner. [Back to Top] Updated August 31, 2004

Glossary for Kids: M - Z