revenue bond
- noun
- /ˈrɛvəˌnuː bɒnd/
- Specialized
- To improve public transportation, the government issued revenue bonds that will be repaid from the fares collected.
- million in revenue bonds
- tax-exempt revenue bonds
- mortgage revenue bonds
You can go to your city government and you can propose that they issue revenue bonds to start some new product.
- You can go to your city government and you can propose that they issue revenue bonds to start some new product.
Examples
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The local library financed its expansion through revenue bonds, which will be paid back from the increase in membership dues.
-
This will be paid for with revenue bonds, which are backed by the electric revenues to be collected.
Blog text (5) -
The school is seeking nearly $10 million in tax-free industrial revenue bonds from the local Economic Development Authority.
Academic text (1991) -
Defaults will likely be limited to "some sewer districts and some revenue bonds," she says.
Blog text (6) -
In the case of revenue bonds, the debt securities are protected by specific revenue streams, typically generated by the project financed by the bonds.
Academic text (2018) -
These uncertainties may limit investor interest in buying the county's revenue bonds or increase the interest the county is forced to pay to take out those loans.
Blog text (27) -
The largest portion of debt is revenue bonds (55 percent), which are backed by specific fee revenues rather than the City's taxing authority.
Blog text (2) -
The city plans to build a new park using revenue bonds funded by entrance fees and leasing areas for events.
Surface Forms
Morphology
The compound meaning is directly compositional: 'revenue' (money generated) + 'bond' (debt instrument) yields a bond associated with revenue, so a learner who knows both words can infer it finances projects and is repaid from project income. While finer legal/financial details may be specialist, the basic concept is transparent and follows common compound logic across languages.
Etymology
Revenue bond comes from the simple idea of a bond that is repaid from the revenue a public project earns, like a bridge whose toll box fills with money to pay the lenders. So, a revenue bond means a loan 'paid back from the project's income'.