REVENUE BOND


Meaning of REVENUE BOND in English

transcription, транскрипция: [ noun ]

Date: 1856

: a bond issued by a public agency authorized to build, acquire, or improve a revenue-producing property (as a toll road) and payable out of revenue derived from such property

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.