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
industrial revenue bond — ( IRB) A bond issued by local government agencies on behalf of corporations. Bloomberg Financial Dictionary * * * industrial revenue bond industrial revenue bond ➔ bond * * * industrial revenue bond UK US noun [C] FINANCE ► a bond sold b … Financial and business terms
Hospital Revenue Bond — A type of municipal bond to support the construction of new hospitals or new equipment and upgrades for existing hospitals. The revenue created by the hospitals is then used to pay back bondholders. Generally, bondholders are paid only after the… … Investment dictionary
Toll revenue bond — A toll revenue bond is a financial promissory note usually issued to generate funds for the construction and/or operation of a public accommodation such as an expressway, bridge, or tunnel. Funds for the repayment are obtained through revenue… … Wikipedia
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
Industrial revenue bond (IRB) — Bond issued by local government agencies on behalf of corporations. The New York Times Financial Glossary … Financial and business terms
Revenue bonds — are bonds issued by governments, authorities, or public benefit corporations that are guaranteed by the revenue flow of the issuing agency.The Supreme Court decision of Pollock versus Farmer s Loan and Trust Company of 1895 initiated a wave or… … Wikipedia
Bond — /bond/, n. 1. Carrie (nee Jacobs), 1862 1946, U.S. songwriter and author. 2. Julian, born 1940, U.S. civil rights leader and politician. * * * I In construction, the systematic arrangement of bricks or other building units (e.g., concrete blocks … Universalium
bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure … Law dictionary
Mortgage-Backed Revenue Bond — A type of municipal agreement that pays holders based on revenues generated from real estate. Financial institutions also typically offer these bonds at relatively low interest rates. Proceeds are used to provide funds to these institutions,… … Investment dictionary
bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… … Black's law dictionary