English Dictionary

flower bond

名詞

アメリカ英語 歴史的

(US, finance, historical) A Treasury bond that could be purchased at less than face value, but upon the holder's death could be redeemed for full face value for the purpose of paying federal estate taxes.

日本語の意味

(米国、金融、歴史的) 額面より割安な価格で購入できる財務省発行の債券。保有者が死亡すると、額面金額で償還され、その償還金が連邦相続税の支払いに充てられる。

My grandfather invested in a flower bond decades ago, which was redeemed at face value upon his death to pay federal estate taxes.

祖父は数十年前に相続税支払いのための米国財務省債券に投資し、その債券は彼の死後に額面で償還されて連邦の相続税の支払いに充てられました。

意味（1）

(US, finance, historical) A Treasury bond that could be purchased at less than face value, but upon the holder's death could be redeemed for full face value for the purpose of paying federal estate taxes.

In several cases, the Internal Revenue Service argued that the decedent on whose behalf an agent bought a flower bond was past the point of capacity at the time of the purchase, although no adjudication so established.

flower bonds （ plural ）