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It was a way to earn money as well as help with the war cost. So basically, you purchase a victory bond and as soon as the war ends, you can cash your victory bond + interest.

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11y ago
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15y ago

Victory bonds were used to fund U.S war efforts in Europe. U.S citizens gave the U.S government money with the promise that it would be paid back. Like a regular "Bond" performs.

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Q: What were victory bonds used for?
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What are victory bonds?

A type of savings bond used by combatant nations to help fund a war effort. Canadas war bonds where called Victory Bonds. This information is from: http://en.wikipedia.org/wiki/War_bond


Define victory bonds?

A type bod savings bond used by combatant nations to help fund a war effort. Canadas war bonds where called Victory Bonds. This information is from: http://en.wikipedia.org/wiki/War_bond


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What are liberty and victory bonds?

Essentially, they were War Bonds -- people bought "shares" of the government to help pay the huge cost of fighting World War 2


What material was used for Victory Tower?

Sandstone was used for Victory Tower in Chittigarh.


How are municipal bonds used?

Municipal bonds are used to borrow against assets.


What covalent bonds used to form?

It is used to form molecules and various compounds. In fact, most of the bonds are covalent bonds.


What are covalent bonds used to form?

It is used to form molecules and various compounds. In fact, most of the bonds are covalent bonds.


What do World War 1 victory bonds look like?

they look like a piece of paper that saves Canada


What day-count convention is used for corporate bonds?

30/360 is the day-count convention used for corporate bonds.


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How many oak trees were used to build HMS victory?

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