Build America Bond

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Definition

Build America Bond. 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.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the 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.