Liberty Bond

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Dictionary Says

Definition of 'Liberty Bond'

A type of bond issued by the U.S. government during World War I. Liberty bonds were introduced as a means of financing the war effort in Europe. Bonds that were sold under the same name were reissued after the September 11, 2001, terrorist attacks to finance the rebuilding of "ground zero" and other damaged areas.
Investopedia Says

Investopedia explains 'Liberty Bond'

The law that Congress passed to introduce the liberty bonds still stands as the legislation that allows the issue of all U.S. Treasury securities. Their issuance represents a major milestone in the awakening of the American investing public to individual securities. However, the first issue of these bonds was not completely sold, which embarrassed the Treasury Department greatly. In response, they launched a massive public awareness campaign using posters, movie stars and other outlets when they issued their second offering in late 1917.

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'Liberty Bond'

  • A Look At Government Bonds And National Debt

    http://www.investopedia.com/articles/04/011404.asp
    ... With the Second Liberty Bond Act of 1917, however, the US Treasury was given a debt
    limit, or a ceiling of how much it could borrow from the public without ...
  • The History Of The T-Bill Auction

    http://www.investopedia.com/articles/bonds/10/history-t-bill-auction.asp
    ... Debt Problems The United States couldn't pay down the debt through sales of Liberty
    and Victory bonds and short-term ... (For a review on bond fundamentals, refer ...
  • History Of Coinage In The US

    http://www.investopedia.com/articles/economics/10/history-of-US-coinage.asp
    ... All employees by law had to post a $10,000 bond to be considered for ... using either
    gold, silver or copper, with engravings of words and inscriptions of liberty. ...

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