债券清洗的中文解释

指债券持有人将带息的债券卖掉，然后在债券付息后买回，借此将利息收入转变为资本利得。只有在资本增值税较利息收入税低时才值得这样做。

Bond Washing的英文解释

When a bond-holder sells a security-cum-interest and buys it back after the coupon is paid so as to convert the interest income into a capital gain. This is worthwhile only where lower tax rates apply to capital gains.

• convert [kən´və:t, ´kɔnvə:t]   v.转变 n.改变信仰者   (初中英语单词)
• income [´inkʌm]   n.收入，所得   (初中英语单词)