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Liberty bond

noun

  1. a single Liberty loan bond.


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Word History and Origins

Origin of Liberty bond1

First recorded in 1915–20
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Example Sentences

During World War I, Congress passed the Second Liberty Bond Act of 1917 to give the Treasury more flexibility to issue debt and manage federal finances.

During World War I, Congress passed the Second Liberty Bond Act of 1917 to give the Treasury more flexibility to issue debt and manage federal finances.

That includes the Liberty Bond Act of 1917, which created the debt ceiling limit.

From Slate

During World War I, Congress passed the Second Liberty Bond Act of 1917 to give the Treasury more flexibility to issue debt and manage federal finances.

The first debt limit came as part of the Second Liberty Bond Act of 1917, according to the Congressional Research Service.

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