revenue bond
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Revenue bond — A revenue bond is a special type of municipal bond distinguished by its guarantee of repayment solely from revenues generated by a specified revenue generating entity associated with the purpose of the bonds, rather than from a tax. Unlike… … Wikipedia
revenue bond — a bond issued, as by a municipal utility, to finance a specific project, the income from which will be used for repaying the bond. Cf. general obligation bond. [1855 60] * * * or limited obligation bond Bond issued by a municipality, state, or… … Universalium
Revenue bond — A bond issued by a municipality to finance either a project or an enterprise where the issuer pledges to the bondholders the revenues generated by the operating projects financed, for instance, hospital revenue bonds and sewer revenue bonds. The… … Financial and business terms
revenue bond — A bond issued by a municipality to finance either a project or an enterprise in which the issuer pledges to the bondholders the revenues generated by the operation of the projects financed. Examples are hospital revenue bonds and sewer revenue… … Financial and business terms
revenue bond — noun a bond issued by an agency that is commissioned to finance public works; revenue from the public property is used to pay off the bond • Hypernyms: ↑bond, ↑bond certificate * * * noun : a bond issued by a public agency authorized to build,… … Useful english dictionary
Revenue Bond — A municipal bond supported by the revenue from a specific project, such as a toll bridge, highway, or local stadium. This differs from general obligation bonds, which can be repaid through a variety of tax sources. Revenue bonds are only payable… … Investment dictionary
revenue bond — noun Date: 1856 a bond issued by a public agency authorized to build, acquire, or improve a revenue producing property (as a toll road) and payable out of revenue derived from such property … New Collegiate Dictionary
revenue bond — rev′enue bond n. ban bus a bond issued to finance a specific project, the income from which will be used for repaying the bond • Etymology: 1855–60 … From formal English to slang
revenue bond — A bond issued by a public body payable solely from a special fund arising from the revenues accruing from operation of an enterprise or project for the construction, operation, and maintenance of which the bond was issued. 43 Am J1st Pub See § 8 … Ballentine's law dictionary
Mortgage revenue bond loan — A Mortgage Revenue Bond Loan or bond loan is a type of mortgage loan where the cost of borrowing is partially subsidized by a mortgage revenue bond. Although details differ between programs, mortgage revenue bond loan programs are in general… … Wikipedia
