premium bond

NOUN /primiəm_bɑnd/
12 LETTERS · STARTS WITH P

premium bond is a valid 12-letter word worth 20 points in Scrabble and 26 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
P3R1E1M3I1U1M3B3O1N1D2
3 + 1 + 1 + 3 + 1 + 1 + 3 + 0 + 3 + 1 + 1 + 2 =20 PTS
DOUBLE WORD → 40TRIPLE WORD → 60
MEANING

What does premium bond mean?

NOUN · 1 SENSE
1

A government bond that bears no interest or capital gains but enters the holder into lotteries.