revenue bond

noun

: a bond issued by a public agency authorized to build, acquire, or improve a revenue-producing property (such as a toll road) and payable out of revenue derived from such property

Examples of revenue bond in a Sentence

Recent Examples on the Web That debt represents money the city borrowed by issuing general obligation bonds and water and sewer revenue bonds. Shawn Raymundo, The Arizona Republic, 8 July 2024 The agency is on course to raise the remaining $72.5 million by selling revenue bonds and increasing the cost of tolls for some drivers in the near future. Jonathan M. Pitts, Baltimore Sun, 3 July 2024 Tarrant County commissioners approved tax-exempt revenue bonds Tuesday totaling $78 million for Trinity Terrace, an upscale retirement and assisted living facility in downtown Fort Worth. Cody Copeland, Fort Worth Star-Telegram, 2 July 2024 The decision before the commissioners Tuesday was to approve a $13 million tax-exempt revenue bond for Republic Services. Cody Copeland, Fort Worth Star-Telegram, 7 June 2024 See all Example Sentences for revenue bond 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'revenue bond.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1856, in the meaning defined above

Time Traveler
The first known use of revenue bond was in 1856

Dictionary Entries Near revenue bond

Cite this Entry

“Revenue bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20bond. Accessed 15 Jul. 2024.

Legal Definition

revenue bond

see bond sense 2

More from Merriam-Webster on revenue bond

Last Updated: - Updated example sentences
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