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baby bond UK US noun [C] FINANCE
► an investment plan for children in the UK that begins at birth and whose purpose is to provide money for the child after the age of 18: »
By putting £50 a month in baby bonds, you might accumulate £24,000 over 18 years.
»Baby bonds are more formally known as a Child Trust Fund.
► US INFORMAL a bond with a value of $1,000 dollars or less: »
Baby bonds bring the bond market within the reach of the small investor.
Financial and business terms. 2012.