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 bonds. Bloomberg Financial Dictionary

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revenue bond revenue bond bond

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revenue bond UK US noun [C]
FINANCE in the US, a type of bond used to get money for a public project, such as building a road or school. The bond is paid back with money received from users of the road, etc. when it is finished: »

The county will fund the project through a 20-year revenue bond.


Financial and business terms. 2012.

Look at other dictionaries:

  • revenue bond — see bond 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • 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 — 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

  • revenue bond — Fin a bond that a government issues, to be repaid from the money made from the project financed with it …   The ultimate business dictionary

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