A bond purchased by investors in order to cover the payment of federal estate taxes. If the bondholder passes away prior to the bond's maturity, flower bonds mature at their face value and can be used to pay estate taxes. Also called estate tax anticipation bonds.
Related information about flower bond:
- Flower Bond Definition | Investopedia
Fixed income products that were originally purchased by investors at a discount for the purpose of paying federal estate taxes upon their maturity.
- Flower bond - Financial Dictionary - The Free Dictionary
Government bonds that when owned at the time of death are acceptable at par in payment of federal estate taxes. flower bond. Any of a limited series of U.S. ...
- Are flower bonds still available
Are flower bonds still available? In: Business & Finance [Edit categories]. Answer: Flower Bond Type of U.S. Government bond that, regardless of its cost price, ...
- flower bond - Invest Definition
flower bond definition: Any of a limited series of U.S. government bonds that may be used at par to pay federal estate taxes. The bond is unique because there is ...
- Flower Bond Law & Legal Definition
Flower bond is a U.S treasury bond recoverable before maturity upon payment or fulfilling a condition, if used to settle federal estate taxes. When flower bonds ...
- What Is a Flower Bond?
A flower bond is a type of bond issue that was once offered in the United States. Considered to be one example of estate tax anticipation bonds, the idea behind ...
- Flower bond - Merriam-Webster Online
a U.S. Treasury bond that may be redeemed at face value before maturity if used in settling federal estate taxes. This word doesn't usually appear in our free ...
- What Is a Flower Bond? | eHow.com
What Is a Flower Bond?. Flower bonds were fixed-income products the U.S. government issued as a way for citizens to pay estimated estate taxes. As a result ...