Difference between revisions of "Build America Bond"

Latest revision as of 14:07, 24 April 2024

Definition

A Build America Bond (BAB) is a Taxable Municipal Bond issued through December 31, 2010 under the American Recovery and Reinvestment Act of 2009 (ARRA). BABs may be direct pay subsidy bonds or tax credit bonds.

@@ Line 1: / Line 1: @@
 == Definition ==
-'''Build America Bond'''. Taxable municipal bond issued through December 31, 2010 under the American Recovery and Reinvestment Act of 2009 (ARRA)
+A '''Build America Bond''' (BAB) is a Taxable [[Municipal Bond]] issued through December 31, 2010 under the American Recovery and Reinvestment Act of 2009 (ARRA). BABs may be direct pay subsidy bonds or tax credit bonds.
-BABs may be direct pay subsidy bonds or tax credit bonds.
-== Disclaimer ==
-This entry annotates a [https://spec.edmcouncil.org/fibo/ FIBO Ontology Class]. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the [https://opensource.org/licenses/MIT MIT Open Source License]. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
 [[Category:Bonds]]
-{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/Bonds/index-en.html }}
-__SHOWFACTBOX__