revenue bond

noun

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

Examples of revenue bond in a Sentence

Recent Examples on the Web The commission also approved $180 million in revenue bonds for the Ragin’ Cajun Facilities, Inc. – University of Louisiana at Lafayette Energy Project, not exceeding 6% tax exemptions, 7% taxable, and a maturity of 32 years. —

Jacob Mathews | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 21 Oct. 2024 Utility board OKs $22.3M in bonds Central Arkansas Water’s board of commissioners on Thursday agreed to issue approximately $22.3 million of capital-improvement water revenue bonds. —

Joseph Flaherty, arkansasonline.com, 15 Oct. 2024 Along with the property tax break, the committee approved up to $17.5 million in industrial revenue bonds. —

Bill Lukitsch, Kansas City Star, 10 July 2024 Equally, revenue bond issuers or borrowers generally adhere to Generally Accepted Accounting Principles in their financial reporting. —

Barnet Sherman, Forbes, 17 Sep. 2024 See all Example Sentences for revenue bond

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'revenue bond.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.