- interest lottery
- noun
: a lottery that issues bonds for borrowed money at less than the normal rate of interest and gives chances for prizes as the consideration for the low interest
Useful english dictionary. 2012.
interest lottery
Look at other dictionaries:
lottery — n 1. drawing, sweepstakes, raffle; lotto, bingo, keno, Brit. tombola; numbers or interest lottery, pool, numbers game, numbers pool; tontine. 2. gamble, risk, hazard, venture; uncertainty, incertitude, unforseeableness; chance, chanciness, tossup … A Note on the Style of the synonym finder
lottery bond — noun : a bond issued by an interest lottery … Useful english dictionary
Lottery Bond — Lottery Bonds are a type of government bond in which some randomly selected bonds within the issue are redeemed at a higher value than the face value of the bond.They are government bonds and only issued by a government. They have been issued by… … Wikipedia
Lottery jackpot records — are a matter of some interest to both participants and observers of this form of gambling.It is often said that the annual Christmas lottery in Spain, the Sorteo Extraordinario de Navidad, is the largest in the world. In 2003 its prize fund… … Wikipedia
Lottery — ticket redirects here. For the film, see Lottery Ticket (film). For other uses, see Lottery (disambiguation). A lottery is a form of gambling which involves the drawing of lots for a prize. Lottery is outlawed by some governments, while others… … Wikipedia
lottery — lot‧te‧ry [ˈlɒtəri ǁ ˈlɑː ] noun lotteries PLURALFORM 1. [countable] a game of chance in which people buy tickets with numbers on and some people win prizes. Lotteries are often used to raise money for the government or for a charity: • The… … Financial and business terms
Lottery (racehorse) — Lottery was the winner of the 1839 Grand National Steeplechase at Aintree, near Liverpool, England. Often stated as the first running of this famous race as it was the first to truly attract National interest in the United Kingdom. It was… … Wikipedia
Lottery paradox — Henry E. Kyburg, Jr. s Lottery Paradox (1961, p. 197) arises from considering a fair 1000 ticket lottery that has exactly one winning ticket. If this much is known about the execution of the lottery it is therefore rational to accept that some… … Wikipedia
Lottery Bond — 1. A type of government bond issued in the United Kingdom by National Savings and Investment (NS I) that gives the holder a chance to win a random monthly drawing for a tax free cash prize. The bonds don t pay interest but they do encourage… … Investment dictionary
Interest policy — Policy Pol i*cy, n. [F. police; cf. Pr. polissia, Sp. p[ o]lizia, It. p[ o]lizza; of uncertain origin; cf. L. pollex thumb (as being used in pressing the seal), in LL. also, seal; or cf. LL. politicum, poleticum, polecticum, L. polyptychum,… … The Collaborative International Dictionary of English
