Difference between revisions of "Revenue Bond"
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== Definition == | == Definition == | ||
− | '''Revenue Bond''' | + | A '''Revenue Bond''' is a [[Municipal Bond]] supported by the revenue from a specific project, such as a toll bridge, highway or local stadium. |
− | Revenue bonds are municipal bonds that finance income-producing projects and are secured by a specified revenue source. Typically, revenue bonds can be issued by any government agency or fund that is managed in the manner of a business, such as entities having both operating revenues and expenses | + | Revenue bonds are municipal bonds that finance income-producing projects and are secured by a specified revenue source. Typically, revenue bonds can be issued by any government agency or fund that is managed in the manner of a business, such as entities having both operating revenues and expenses. |
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[[Category:Bonds]] | [[Category:Bonds]] | ||
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Latest revision as of 14:03, 24 April 2024
Definition
A Revenue Bond is a Municipal Bond supported by the revenue from a specific project, such as a toll bridge, highway or local stadium.
Revenue bonds are municipal bonds that finance income-producing projects and are secured by a specified revenue source. Typically, revenue bonds can be issued by any government agency or fund that is managed in the manner of a business, such as entities having both operating revenues and expenses.