LIBERTY BONDS


Meaning of LIBERTY BONDS in English

n [ pl ]

a special issue of US government bonds (= official papers that are sold with the promise to pay the money back, with interest, on a certain date). Liberty Bonds were sold to raise money for World War I . Hollywood stars and other famous people attended large public meetings to encourage citizens to buy them, and John Philip Sousa wrote a Liberty Bond March . The total amount of money raised was about $23 billion.

Oxford guide to British and American culture English vocabulary.      Руководство по британской и американской культуре, Оксфордский английский словарь.