What is another word for premium bond?
Pronunciation: [pɹˈiːmi͡əm bˈɒnd] (IPA) 
Premium bond is a term used to describe a government savings bond that offers high-value prizes to lucky investors. It's also known as a prize bond or a lottery bond. However, there are a few other words that could be used as synonyms for premium bonds, such as high-stakes bonds, jackpot bonds, grand prize bonds, and incentive bonds. These names all highlight the attractive nature of the financial instrument, which offers the chance to earn high-value prizes, and often provides a safer investment platform compared to other securities. Whatever the name, the main appeal of premium bonds is the potential to win big.
