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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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What was a Victory Bond?
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What was a war bond?
Why did Canada sell Victory Bonds?
There were nine victory loans offerings between 1940 and 1945, ranging from a short-term $144-million offering in 1942 to a 20-year bond generating $1.692-billion in 1945. In total,...
War bonds, also called Liberty bonds, or Victory bonds are debt sold by the govenment to fund military operations, essentially a loan to the govenment to help fund the war. The bond price back with interest to the buyer. During WWII, over 85 million American bought bonds in order to help the war effort.
Nov 9, 2018 · Doing their bit: How Ontarians bought up Victory Bonds for town pride — and to help win the war. After Canada entered the First World War, small towns and big cities across Ontario stepped up — thanks in no small part to government propaganda. Written by Jamie Bradburn. Nov 9, 2018.
Mar 12, 2022 · War bonds are discount government bonds formerly sold to investors to finance military operations during times of war and conflict. Investors may hear war bonds referred to as “Military Bonds,”...
- Kimberlee Leonard
What does the noun victory bond mean? There is one meaning in OED's entry for the noun victory bond . See ‘Meaning & use’ for definition, usage, and quotation evidence.
The Canadian Government sold Victory Bonds to Canadian citizens, private corporations and various organizations in order to raise funds to pay for the war. The bonds were a loan to the government that could be redeemed with interest after 5,10, or 20 years and were released during 5 different campaigns between 1915 and 1919.
May 28, 2022 · By Susanna McLeod. May-28-2022. Fascinating Canadian History. Comments Off. Dubbed Victory Loans, War Bond campaigns raised billions of dollars to support Canadian soldiers and the war effort during WWI and WWII. As soldiers fought the enemy in grim battles overseas in World War One, the Government of Canada fought another battle.
