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Flower bond

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flower bond investment & finance definition
Any of a limited series of U.S. government bonds that may be used at par to pay federal estate taxes.

 


Flower Bond
Fixed income products that were originally purchased by investors at a discount for the purpose of paying federal estate taxes upon their maturity.
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Flower Bond
A low-coupon U.S. treasury securities that has a special provision allowing them to be redeemed at face value as payment for an individual holder's U.S. federal estate taxes.

Flower Bond - A specially identified series of Treasury bonds accepted at full par in payment of estate taxes.
FOK - See Fill Or Kill.
Fourth Market - Trading directly between institutional investors on a system named Instinet.

Flower bond
Government bonds that when owned at the time of death are acceptable at par in payment of federal estate taxes.
Fluctuation
A price or interest rate change.

Flower bonds: U.S. government securities that were issued at a discount from par value, but are acceptable at par in payment of estate taxes.
FNMA: See Federal National Mortgage Association.

See also: Long, Underwriter, Commercial, Interest Rates, Convertible