Question

What is a Victory Bond?

Answer 1

Victory Bond

A bond issued by the British and Canadian governments in the early 20th century, used to finance their involvement in World War I.

Answer 2

War bonds (sometimes referred to as Victory bonds, particularly in propaganda) are debt securities issued by a government to finance military operations and other expenditure in times of war. They are also a means to control inflation by removing money from circulation in a stimulated wartime economy.