| 单词 | baby bonds |
| 释义 | baby bonds = child trust funds 1) In the USA, bonds having a denomination lower than $1000. 2) Bonds offered by tax-exempt friendly societies, which produce maturing funds for an infant over a period (minimum 10 years). Under current UK rules, up to £25 a month (or £270 a year) may be invested tax free in a baby bond. 3) An informal name for child trust funds. |
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