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- DictionaryVic·to·ry bond/ˈvikt(ə)rē bänd/
noun
- 1. a bond issued by a government during or immediately after a major war.
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- War bond
Debt security issued by a government to finance military operations and other expenditure in times of war
War bonds (sometimes referred to as victory bonds, particularly in propaganda) are debt securities issued by a government to finance military operations and other expenditure in times of war without raising taxes to an unpopular level. They are also a means to control inflation by removing money from circulation in a stimulated wartime economy. War bonds are either retail bonds marketed directly t... Wikipedia
