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

The Ultimate Dictionary Awaits

Expand your vocabulary and dive deeper into language with Merriam-Webster Unabridged.

  1. Expanded definitions
  2. Detailed etymologies
  3. Advanced search tools
  4. All ad-free

Discover what makes Merriam-Webster Unabridged the essential choice for true word lovers.

Start Your Free Trial Now

Dictionary Entries Near interest lottery

Cite this Entry

“Interest lottery.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/interest%20lottery. Accessed 23 Dec. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!