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revenue bond

/ˈrevənjuː bɒnd/

翻译: 一种市政债券,其本金和利息由特定项目(如收费公路、桥梁或公用事业)的收入偿还,而不是由发行政府的整体税收权力担保。

1 个条目

phrase

/ˈrevənjuː bɒnd/C1formalbusiness
  • zh一种市政债券,其本金和利息由特定项目(如收费公路、桥梁或公用事业)的收入偿还,而不是由发行政府的整体税收权力担保。

A type of municipal bond where the repayment of principal and interest is secured by the revenue generated from a specific project, such as a toll road, bridge, or utility, rather than by the general taxing power of the issuing government.

  1. Municipal debt securityC1formalamerican

    A type of municipal bond where the repayment is secured by the revenue generated from a specific project, such as a toll road, bridge, or utility.

    zh收益债券

    • The city issued revenue bonds to fund the construction of a new water treatment plant.
    • Investors were attracted to the revenue bond because of the steady income from the toll road.
    • Unlike general obligation bonds, revenue bonds are not backed by the government's full taxing power.