War Bond

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War Bond

In the United States, a formerly-issued savings bond, exempt from state and local taxes, with a fixed interest rate. These bonds were sold at three-fourths of face value and paid par upon maturity, which was originally 10 years, but later became 30 or 40 years. They began to be issued to help finance American involvement in World War II but they continued to be issued thereafter. They were non-transferable and must either have been held or redeemed. They were known formally as series E bonds. In 1980, the government stopped issuing war bonds and replaced them with Series EE bonds. For a time, war bonds were exchangeable for Series H or Series HH bonds, but this is no longer the case.
References in periodicals archive ?
The Lord Mayor of Birmingham, Alderman Brook, had sent invitations out to local firms and those considered to wield influence in society, exhorting them to attend, buy war bonds and help to exceed the amounts raised by Manchester and Liverpool.
Roy sold millions of dollars worth of war bonds during World War II and made numerous USO tours of military bases with Trigger, performing for the men and women in uniform.
Malcolm Cowley, one of the ex-writers, soon claimed in the New Republic that the advertisers' philosophy was dangerous, since it could "be used to sell anything, good, bad, or indifferent--victory gardens, war bonds, [or] dictatorship" (1943, 593).
THE National War Savings Committee capitalized on the public's fascination for the tank by using them to sell War Bonds and War Saving Certicates.
The foundations put their large, well-funded organizations to work supporting the Red Cross and mounted patriotic campaigns to get the public to buy war bonds.
Health and Human Services will occupy three floors in the BankNote, once the location of American BankNote Company printing presses that printed currency, postage stamps, war bonds, and stock certificates for nearly 76 years.
Readers can go directly to the entries on American Indians' participation in each of the major US wars as well as to relevant entries concerning motivations for becoming scouts, war bonds, and the draft, among other topics.
They encouraged Americans to buy war bonds to help finance the war and performed - for free - for military personnel at California's Hollywood Canteen and New York City's Stage Door Canteen.
When the paintings were completed in 1943, the Department of the Treasury took them around the country and sold $130 million worth of war bonds.
The government funded World War II partly with war bonds, but it also instituted the first general income tax in American history, increasing tax revenue from $8.
Basilone becomes a war hero and is sent home to sell war bonds while Leckie is hospitalised as the conditions drive him insane.
During Second World War, America's "Home Front" was engaged in the conflict by war taxes, rationing, buying war bonds, collecting clothing and metal, and accepting shortages of consumer products.