PRIVATE ACTIVITY BOND


Meaning of PRIVATE ACTIVITY BOND in English

A term used in the Tax Reform Act of 1986 to describe bonds- the proceeds of which are used in a trade or business of a private entity or secured by revenues from a private entity- and includes 501(c)(3) bonds as well as classic Industrial Development Bonds (IDB).

Finance-Leasing English vocabulary.      Английский словарь финансов и лизинга.