Special Tax Bond

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Definition

Special Tax Bond. Bond secured by revenues derived from one or more designated taxes other than ad valorem taxes


Example

For example, bonds for a particular purpose might be supported by sales, cigarette, fuel or business license taxes.

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.

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