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 team is responsible for $840 million of funding and any cost overruns, $500 million will come from the state and the remainder will come from revenue bonds financed by sales and ticket taxes plus rent paid by the Titans. See the full list of CNBC’s Official 2024 NFL Team Valuations. —

Michael Ozanian, CNBC, 5 Sep. 2024 The fund is tilted towards revenue bonds, with 63% of the portfolio allocated to the segment. —

Michelle Fox, CNBC, 17 July 2024 The project is funded with other tax incentives as well, including economic development revenue bonds, and revenue from a transportation development district and a community improvement district, both levying additional sales tax on the site. —

Sarah Ritter, Kansas City Star, 11 July 2024 That debt represents money the city borrowed by issuing general obligation bonds and water and sewer revenue bonds. —

Shawn Raymundo, The Arizona Republic, 8 July 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.