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Glossary > B > "Baccalaureate Bond" Definition

Baccalaureate Bond

A zero-coupon bond issued by certain states for the purpose of assisting families in saving enough funds for college tuition by means of added tax benefits.

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Baccalaureate Bond - A zero-coupon bond issued by certain states for the purpose of assisting families in saving enough funds for college tuition by means of added tax benefits.

Baccalaureate Bond : a zero-coupon bond issued by certain states for the purpose of assisting families in saving enough funds for college tuition by means of added tax benefits.