Freedom Shares

AAA

DEFINITION of 'Freedom Shares'

Original issue discount bonds issued by the U.S. Treasury from May of 1967 to October of 1970. Freedom shares had a final maturity of 30 years from their issue date and were originally offered in combination with Series E bonds to promote public investment in government bonds.
Also known as "savings notes".

INVESTOPEDIA EXPLAINS 'Freedom Shares'

All remaining freedom shares reached final maturity in October of 2000. Any shares still outstanding should be cashed in. These notes can be redeemed at any Federal Reserve bank and many other savings institutions as well.

RELATED TERMS
  1. Full Delivery Shares

    A rating given to the stock of a company traded on the Taiwan ...
  2. Series E Bond

    Accrual bonds that were issued at 75% of the face amount. Interest ...
  3. War Babies

    A name given to securities in companies that are defense contractors. ...
  4. War Bond

    Debt securities issued by a government for the purpose of financing ...
  5. U.S. Treasury

    Created in 1798, the United States Department of the Treasury ...
  6. U.S. Savings Bonds

    A U.S. government savings bond that offers a fixed rate of interest ...
Related Articles
  1. A Look At National Debt And Government ...
    Bonds & Fixed Income

    A Look At National Debt And Government ...

  2. Savings Bonds For Income And Safety
    Bonds & Fixed Income

    Savings Bonds For Income And Safety

  3. Curbing The Effects Of Inflation
    Bonds & Fixed Income

    Curbing The Effects Of Inflation

  4. What are
    Investing

    What are "I Bonds" and how can I buy ...

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center