EE-Bonds financial definition of EE-Bonds
https://financial-dictionary.thefreedictionary.com/EE-Bonds
Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 12,595,582,777 visitors served
Search / Page tools
?
Keyboard
  • A
  • A
  • A
  • A
Language:
Share on Facebook Twitter
Get our app
Flashcards ?
My bookmarks ?
+ Add current page to bookmarks
9
Register Log in
Sign up with one click:
  • Facebook
  • Twitter
  • Google
Share on Facebook
Get
our app
  • Dictionary
  • Thesaurus
  • Medical
    Dictionary
  • Legal
    Dictionary
  • Financial
    Dictionary
  • Acronyms
  • Idioms
  • Encyclopedia
  • Wikipedia
    Encyclopedia
Tools
  • A
  • A
  • A
  • A
Language:
Mobile Apps:
  • apple
  • android
For surfers:
  • Free toolbar & extensions
  • Word of the Day
  • Help
For webmasters:
  • Free content
  • Linking
  • Lookup box
Close

Series EE savings bond

(redirected from EE-Bonds)

Series EE Savings Bond

In the United States, a savings bond, exempt from state and local taxes, with a fixed interest rate. The interest is adjusted every six months and is equal to 90% of the average 5-year Treasury security yield over the six months preceding the calculation. These bonds are sold at half of face value and pay par upon maturity, which is 30 years after purchase. They must be held for at least one year, and United States Treasury guarantees that it will double in value after 20 years. They are non-transferable and must either be held or redeemed. When used to pay for college education, they are exempt from federal taxes. Series EE bonds are the successors to Series E bonds, better known as war bonds.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Series EE savings bond

A U.S. Treasury obligation that pays a variable interest rate and is sold to investors in denominations as low as $50 at a 50% discount from face value. Series EE bonds earn interest at 90% of the average yield on five-year Treasury securities for the previous six months. Bonds may be redeemed after six months early, but a three-month interest penalty is assessed for redemptions during the first five years. Federal income taxes on interest earned may be paid each year or may be deferred until the savings bond is redeemed. Interest earned on savings bonds is exempt from state and local taxation. See also Patriot Bond.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, or visit the webmaster's page for free fun content.

Link to this page:

  • Facebook
  • Twitter
Feedback
Flashcards & Bookmarks ?
Please log in or register to use Flashcards and Bookmarks. You can also log in with
  • Facebook
  • Twitter
  • Google+
Flashcards ?
My bookmarks ?
+ Add current page to bookmarks
Mentioned in ?
  • Patriot Bond
  • savings bond
  • Series EE bond
Financial browser ?
  • ▲
  • economy
  • Ecoterrorism
  • Ecoterrorist
  • Ecotourism
  • Ecotourist
  • ECRI Index
  • ECS
  • ECU
  • Ecuadorian Sucre
  • ECV
  • EDC
  • EDGAR
  • EDGAR Electronic Data Gathering, Analysis and Retrieval System
  • Edge Act
  • Edge Act corporation
  • Edge corporations
  • Edgeworth box
  • Edgy
  • EDI
  • Edict
  • Education Expense
  • Education IRA
  • Education savings account
  • Edward George
  • EE
  • EE-Bonds
  • EEC
  • EEK
  • effective age
  • Effective annual interest rate
  • Effective annual yield
  • Effective call price
  • Effective convexity
  • effective date
  • Effective debt
  • Effective duration
  • effective gross income
  • effective interest rate
  • Effective margin
  • Effective net worth
  • effective procuring cause
  • Effective rate
  • effective rate of interest
  • effective rate of protection
  • effective rental rate
  • effective sale
  • effective spread
  • Effective tax rate
  • effective yield
  • efficiency
  • efficiency apartment
  • ▼
Full browser ?
  • ▲
  • EE
  • EE
  • EE
  • EE
  • EE
  • EE
  • EE
  • Ëë
  • Ëë
  • Ëë
  • Ëë
  • Ëë
  • Ëë
  • EE & MP
  • EE Bond
  • EE Bonds
  • Ee cummings
  • Ee cummings
  • Ee cummings
  • Ee cummings
  • Ee gads
  • Ee gads
  • Ee gads
  • EE&A
  • EE&C
  • EE&C/DR
  • EE&GF
  • EE&R
  • EE&T
  • EE-Bond
  • EE-Bonds
  • EE-FCS
  • EE-LINK
  • EE.BB
  • EE/BEE
  • EE/CA
  • EE/CH
  • EE/FSU
  • EE/RE
  • EE/SP
  • Ee1
  • Ee2
  • EE20
  • EE2E
  • EE5
  • EEA
  • EEA
  • EEA
  • EEA
  • EEA
  • EEA
  • EEA Agreement
  • EEA Agreement
  • EEA Agreement
  • EEA Agreement
  • EEA doctor
  • EEA stapler
  • EEA Treaty
  • EEA Treaty
  • EEA Treaty
  • EEA Treaty
  • ▼
  • Facebook Share
  • Twitter
CITE
Site: Follow:
  • Facebook
  • Twitter
  • Rss
  • Mail
Share:
  • Facebook
  • Twitter
  • LinkedIn
  • Mail
Open / Close
More from Financial Dictionary
Mobile Apps
  • Apple
  • Android
  • Kindle
  • Windows
  • Windows Phone
Free Tools
For surfers:
  • Free toolbar & extensions
  • Word of the Day
  • Word Finder
  • Help
For webmasters:
  • Free content
  • Linking
  • Lookup box
  • Terms of Use
  • Privacy policy
  • Feedback
  • Advertise with Us
Copyright © 2003-2021 Farlex, Inc
Disclaimer

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.