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revenue bond

 

Definitions from WordNet

Noun revenue bond has 1 sense
  1. revenue bond - 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
    --1 is a kind of
    bond, bond certificate

Definitions from the Web

Revenue Bond

Definition: A type of municipal bond issued by governmental entities, such as cities or states, to finance public infrastructure projects. The repayment of revenue bonds is funded by the revenue generated by the project that the bond aims to finance.

Sense:

  1. Part of Speech: Noun
  2. Sense: A financial instrument used for funding public infrastructure projects.
  3. Usage: Revenue bonds are commonly issued to finance the construction or improvement of toll roads, bridges, airports, or other similar projects.
  4. Usage: Investing in revenue bonds can provide individuals with steady income from interest payments.

Sample Sentences:

  • The state government issued revenue bonds to fund the construction of a new subway line.
  • Investors are attracted to revenue bonds due to their relatively low risk compared to other types of investments.
  • The revenue generated from the airport has been used to repay the revenue bond issued to finance its expansion.

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