Terms Beginning With 'l'

Liberty Bond

  • January 07, 2020
  • Team Kalkine

It derives its name from the issuance of a bond by the US federal government in 1917 to fund allies? efforts in world war 1. These bonds offer a fixed percentage of return every year and are generally raised by governments in cases of calamities such as the 9/11 attack on the US, which led the government to raise funds through Liberty bonds.

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