revenue bond (Meaning)
Wordnet
revenue bond (n)
a bond issued by an agency that is commissioned to finance public works; revenue from the public property is used to pay off the bond
Synonyms & Antonyms of revenue bond
No Synonyms and anytonyms found
revenue bond Sentence Examples
- The city issued a revenue bond to finance the construction of a new water treatment plant.
- Investors purchased the revenue bond, providing capital for the project.
- The principal and interest payments on the revenue bond are solely supported by the revenue generated by the water treatment plant.
- The revenue bond does not guarantee any repayment from the city's general fund.
- The project's revenue stream must be sufficient to cover the bond payments in full and on time.
- If the water treatment plant generates insufficient revenue, the bondholders may take ownership of the facility.
- Revenue bonds can be used to finance a wide range of public infrastructure projects, such as roads, bridges, and airports.
- The use of revenue bonds allows cities to finance capital projects without increasing property taxes.
- Investors in revenue bonds typically earn higher interest rates than on other types of bonds.
- Revenue bonds are an important tool for local governments to fund essential infrastructure while managing their debt.
FAQs About the word revenue bond
a bond issued by an agency that is commissioned to finance public works; revenue from the public property is used to pay off the bond
No synonyms found.
No antonyms found.
The city issued a revenue bond to finance the construction of a new water treatment plant.
Investors purchased the revenue bond, providing capital for the project.
The principal and interest payments on the revenue bond are solely supported by the revenue generated by the water treatment plant.
The revenue bond does not guarantee any repayment from the city's general fund.
