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revenue bond

American  

noun

  1. a bond issued, as by a municipal utility, to finance a specific project, the income from which will be used for repaying the bond.


Etymology

Origin of revenue bond

First recorded in 1855–60

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Ting defended the deal, saying the state won’t authorize the lease revenue bond for the project without “very, very detailed plans.”

From Seattle Times Aug. 30, 2023

The bulk of the $45 million construction costs were funded by a revenue bond, to be paid back with “rents” from students.

From New York Times Aug. 4, 2016

A revenue bond for $2.3 million, plus $800,000 in reserve cemetery funds, helped to move the project forward.

From Washington Times May 13, 2016

They initially focused on Ash Grove because of the company's relationship with the city, including a multimillion dollar tax abatement and an industrial revenue bond issued on the company's behalf.

From Slate Nov. 10, 2011

The daily yield of a New York floating-rate mortgage- revenue bond maturing in 2037 jumped to 2.75 percent today from 2 percent yesterday, according to data compiled by Bloomberg.

From BusinessWeek Oct. 4, 2011

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