What does utility revenue bond mean?
Definitions for utility revenue bond
util·ity rev·enue bond
This dictionary definitions page includes all the possible meanings, example usage and translations of the word utility revenue bond.
Princeton's WordNet
utility bond, utility revenue bondnoun
a bond issued to finance the construction of public utility services
ChatGPT
utility revenue bond
A utility revenue bond is a type of municipal bond issued to finance the construction or improvement of public utilities such as water, sewage, or electric systems. The bond is backed by the revenue generated by the utility projects, which is used to pay back the principal and interest to bondholders. Unlike general obligation bonds that are backed by tax revenue, the risk for utility revenue bond holders is that the utility project may not generate sufficient revenue.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of utility revenue bond in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of utility revenue bond in Pythagorean Numerology is: 7
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"utility revenue bond." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/utility+revenue+bond>.
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