HyperDic: revenue_bond

English > 1 sense of the expression revenue bond:
NOUNpossessionrevenue bonda bond issued by an agency that is commissioned to finance public works
English > revenue bond: 1 sense > noun 1, possession
MeaningA bond issued by an agency that is commissioned to finance public works; revenue from the public property is used to pay off the bond.
Broaderbond, bond certificateA certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money

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