REVENUE BOND
Dictionary entry overview: What does revenue bond mean? • REVENUE BOND (noun)
The noun REVENUE BOND has 1 sense:
1. 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
Familiarity information: REVENUE BOND used as a noun is very rare.
Dictionary entry details
• REVENUE BOND (noun)
Meaning:
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
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("revenue bond" is a kind of...):
bond; bond certificate (a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal)
| Learn English with... Proverbs of the week | |
"Don't count your chickens before they're hatched." (English proverb)
"Make my enemy brave and strong, so that if defeated, I will not be ashamed." (Native American proverb, tribe unknown)
"With a soft tongue you can even pull a snake out of its nest." (Armenian proverb)
"Don't postpone until tomorrow, what you can do today." (Dutch proverb)
Page delivered in 0.0207 seconds
|
