a bond issued, as by a municipal utility, to finance a specific project, the income from which will be used for repaying the bond. Cf. general-obligation bond .
[ 1855-60 ]
a bond issued, as by a municipal utility, to finance a specific project, the income from which will be used for repaying the bond. Cf. general-obligation bond .
[ 1855-60 ]
Random House Webster's Unabridged English dictionary. Полный английский словарь Вебстер - Random House . 2012