revenue bond
municipal bond or state bond issue paying principal and interest from the revenues of an income generating project, such as a toll bridge, highway, hospital, or other public facility that is built with the proceeds of the financing.
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Toll revenue bond
Definition: [crh] A municipal bond that is repaid with revenues from tolls that are paid by users of the public project built with the bond revenue.
INDUSTRIAL REVENUE BOND - a financing technique in which a municipality or its development corporation ...
INDUSTRIAL REVENUE BOND (IRB) - A bond issued by local government agencies on behalf of corporations.
Revenue Bond
A bond issued by a municipality to finance either a project or an enterprise whereby the issuer pledges to the bondholders the revenues generated by the operating projects financed.
Revenue bonds are issued to finance specific revenue-producing projects, such as toll roads, airports, public housing or higher education. Interest and principal are paid out of revenue from the project.
Revenue Bond - A bond in which the debt service is payable solely from the generated revenue associated with the operation of the project being financed, a category of facilities or from other non-tax sources.
Revenue bond:
A municipal bond supported by the revenue from a specific project, such as a toll road, bridge, or municipal coliseum.
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Revenue Bond
A municipal bond whose issuer's ability to pay interest and principal is based on revenue earned from a specific project.
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REVENUE BOND INDEX " The average yield (on a particular day) on twenty-five selected revenue bonds with thirty year maturities. It is computed on Thursday afternoon and published in the Daily Bond Buyer on Friday.
Revenue bond
A municipal bond payable from revenues derived from tolls, charges or rents paid by users of the facility constructed with the proceeds of the bond issue.
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Revenue bond
Revenue bonds are municipal bonds issued to finance public projects, such as airports and roadways. The bonds are backed by revenue to be generated by the project.
Revenue Bonds
These are payable from the earnings of a revenue producing agency or enterprise. Examples are water, sewer, school district, airport, etc.
REVENUE BONDS - Bonds whose principal and interest are secured by specific sources of revenue and do not involve a pledge of the full faith and credit of the state.
Revenue bond: A municipal bond that is to be paid from the revenues of a specific project, such as a stadium. If the revenues are insufficient to support the debt, the bond goes into default.
Revenue Bond (business term)
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REVENUE BOND A municipal bond used to finance public works such as bridges, tunnels, or sewers. Principal and interest on the bond are paid directly from the revenues of the project, such as tolls. (Opposite: G.O.
Revenue bond A issued by a municipality to finance either a project or an enterprise where the pledges to the bondholders the revenues generated by the operating projects financed, for instance, hospital revenue bonds and sewer revenue bonds.
Revenue Bonds - Are debt securities which have a defined source of anticipated funds to pay both the principal and the interest.
Revenue bond issues that require the issuer to accumulate or set aside part of the annual revenue which is then used to redeem bonds before maturity, often well before regular call dates. The set-aside funds are called the sinking fund.
Utility Revenue Bond
Municipal bonds that are issued to finance construction of public utility services such as water and sewer systems. Once the projects are in operation, its revenues are used to repay the bonds.
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Utility revenue bond
A municipal bond issued to finance the construction of public utility services. These bonds are repaid from the operating revenues the project produces after the utility is finished.
Utility value ...
Municipal revenue bonds for which quotes are given in dollar prices. Not to be confused with U.S. Dollar bonds, a common term of reference in the Eurobond market.
Dollar duration
The product of modified duration and the initial price.
Municipal revenue bond
A bond issued to finance a public project that is funded by the revenues of the project.
Mutilated security
A certificate on which the name of the issue, the issuer, or some other identifying detail cannot be read.
Industrial Revenue Bond (Irb) - A tax-exempt bond issued by a state or local government agency to finance industrial or commercial projects that serve a public good.
Hospital revenue bond
A bond issued to finance construction of a hospital by a municipal or state agency.
Host security
The security to which a warrant is attached.
Toll revenue bond A municipal bond that is repaid with revenues from tolls that are paid by users of the public project built with the bond revenue.
Rate covenant A provision governing a municipal revenue project financed by a revenue bond issue, which establishes the rates to be charged users of the new facility.
IRB See: Industrial Revenue Bond IRR The ISO 4217 currency code for the Iranian Rial. IRR See: Internal rate of return IS The two-character ISO 3166 country code for ICELAND.
[ACH] additional bonds Revenue bonds issued after the first issue in accordance with authorization and upon conditions specified in the security documents for the first issue.
rate covenant A covenant in a municipal revenue bond that specifies how it will be determined... rate lock A commitment by a lender guaranteeing a specified interest rate for a specified period of time. Also known as lock-in.
See: Industrial Revenue Bond I.R.R. See: Internal rate of return I.S.D.A. See: International Swap Dealers Association I.S.M.A. See: International Security Market Association I.T.S.
Industrial revenue bond (IRB) Bond issued by local government agencies on behalf of corporations. Inflation The rate at which the general level of prices for goods and services is rising.
Municipal securities exist in two basic forms: tax- backed debt and revenue bonds.
1.Municipal securities structures
Municipal securities exist in two basic forms: tax backed debt and revenue bonds.
These bonds are similar to municipal revenue bonds. income fund A mutual fund that seeks current income rather than growth of capital. Income funds typically invest in bonds and/or high-yielding stocks.
ANNUAL APPROPRIATION PLEDGE - A pledge typically found in the bond contract for lease revenue bonds or securing a certificate of participation financing that commits the issuer or other obligor to make lease payments or other periodic debt ...
Mortgage Revenue Bonds (secondary mortgage financial instrument)
Mortgage Service Rights (mortgage banking industry)
Mortgage servicing
Mortgage Servicing Disclosure Statement
Mortgage Specialist Group
mortgage tax relief
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Municipal bonds typically are designated as either general obligation bonds or revenue bonds. General obligation bonds are backed by the 'full faith and credit' (and thus the taxing authority) of the issuing entity.
Dollar Bonds definition :
Municipal revenue bonds for which quotes are given in dollar prices. Not to be confused with "US Dollar" bonds, a common term of reference in the Eurobond market.
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Early redemption of a revenue bond because the revenue source paying the interest on the bond has been eliminated or has disappeared.
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Also called a prerefunded bond, one that originally may have been issued as a general obligation or revenue bond but that is now secured by an "escrow fund" consisting entirely of direct U.S.
Because municipal GO bonds are repaid out of general revenues, they are considered somewhat less risky-and therefore pay slightly lower rates-than the same municipality's revenue bonds, which are backed by income from a specific project or agency.
A provision governing a municipal revenue project financed by a revenue bond issue, which establishes the rates to be charged users of the new facility.
Rate lock ...
In comparison to revenue bonds that are repaid from a specific revenue source that has been built with the borrowed funds (e.g., a sewer system), a GO bond is repaid with general revenue and borrowings.
Industrial Development Revenue Bonds - IDRBs
Municipal debt securities issued by a government agency on behalf of a private sector company and intended to build or acquire factories or other heavy equipment and tools.
GO bonds considered somewhat less risky, and so pay slightly lower rates, than the same municipality's revenue bonds, which are backed by income from a specific project or agency.
These are municipal general obligation (GO) bonds as opposed to revenue bonds because they are ultimately backed by the issuer and its taxing power.
Double-barreled bonds are sometimes referred to as "combination bonds".
A municipal bond exists in one of two forms: general obligation bond, which funds projects that don't produce revenue (such as street lights); or revenue bond, which funds projects that do produce revenue (e.g., stadiums and toll roads).
Governments, like any other legal entity, can take out loans, issue securities and invest. Based on the taxing authority of the entity, they issue bonds such as tax increment bonds or revenue bonds.
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