Flower Bond

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Definition: Flower Bond

Flower Bond
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Full Definition of Flower Bond

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.

Cite Term

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https://payrollheaven.com/define/flower-bond/
Modern Language Association (MLA):
Flower Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/flower-bond/.
Chicago Manual of Style (CMS):
Flower Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/flower-bond/ (accessed: April 23, 2024).
American Psychological Association (APA):
Flower Bond. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/flower-bond/

Definition Sources

Definitions for Flower Bond are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.