Canada Savings Bond - CSB

AAA

DEFINITION of 'Canada Savings Bond - CSB'

A financial product issued by the Bank of Canada. It offers a competitive rate of interest and guarantees a minimum interest rate.

INVESTOPEDIA EXPLAINS 'Canada Savings Bond - CSB'

Canada Savings Bonds have both regular and compound interest features and are redeemable at any time.

RELATED TERMS
  1. Capital Pool Company (TSX Venture)

    A new, fledgling company trading on Canada's TSX Venture exchange ...
  2. Central Bank

    The entity responsible for overseeing the monetary system for ...
  3. Compound

    The ability of an asset to generate earnings, which are then ...
  4. Interest

    1. The charge for the privilege of borrowing money, typically ...
  5. Bond

    A debt investment in which an investor loans money to an entity ...
  6. Canada Premium Bond - CPB

    A debt instrument issued by the Bank of Canada that offers a ...
Related Articles
  1. Savings

    Tax-Saving Tips For Canadian Taxpayers

    Find out how to get a bigger return.
  2. Bonds & Fixed Income

    Savings Bonds For Income And Safety

    Bonds offer undeniable benefits to investors, including safety and tax advantages.
  3. It can be great to live in the moment, but the actions and decisions you make now can greatly impact your sense of financial security down the road.
    Personal Finance

    How Do Americans Keep Minimizing Their Net Worth?

    It can be great to live in the moment, but the actions and decisions you make now can greatly impact your sense of financial security down the road.
  4. Budgeting

    Find The Best Personal Finance Software

    Should you pay for personal finance software or get it free? The best program for you depends on your needs and how private you want to be about money.
  5. This website offers free tools and helpful videos for those needing to keep good track of their finances
    Savings

    Mint.com: Top Free Tools To Track Your Money

    This website offers free tools and helpful videos for those needing to keep good track of their finances
  6. Options & Futures

    Writing Covered Calls On ETFs

    The strategy of writing covered calls on ETFs can limit your losses and hedge risk, but they cap your upside potential.
  7. Savings

    What Canadian banks offer the best savings accounts?

    Learn about different savings accounts in Canada. Explore different interest rates and fees as well as accounts that are protected by the CDIC.
  8. Personal Finance

    What Canadian credit cards offer the best travel rewards?

    Discover Canada's best credit cards for travel rewards and the benefits that they offer. Learn how these cards can help you travel safely and happily..
  9. Budgeting

    What US banks offer free checking accounts?

    Quit wasting money on monthly fees associated with your checking account and get a free checking account from reputable national banks.
  10. What's a Trust Fund?
    Personal Finance

    What's a Trust Fund?

    A trust fund is a fund comprised of a variety of assets, established by a grantor, to provide financial security to an individual, most often a child or grandchild - or organizations, such as ...

You May Also Like

Hot Definitions
  1. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
  2. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  3. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  4. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  5. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  6. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
Trading Center