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
The town is using its American Rescue Plan Act funding along with the sale of revenue bonds to cover costs.
—
Carole Carlson, Chicago Tribune, 28 Mar. 2025
After violating financial covenants for more than $700 million in revenue bonds, Palomar was forced to sign a forbearance agreement with lenders, committing to hire outside consultants and create a turnaround plan.
—Paul Sisson, San Diego Union-Tribune, 27 Mar. 2025
The city is expected to pay for the infrastructure with a $64.5 million revenue bond.
—Lisa J. Huriash, Sun Sentinel, 27 Feb. 2025
The school was early in its talks with private equity, lent money internally to its athletic department, and eventually issued $327 million in revenue bonds to finance stadium construction.
—Eben Novy-Williams, Sportico.com, 5 Mar. 2025
See All Example Sentences for revenue bond
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Carole Carlson, Chicago Tribune, 28 Mar. 2025
After violating financial covenants for more than $700 million in revenue bonds, Palomar was forced to sign a forbearance agreement with lenders, committing to hire outside consultants and create a turnaround plan.
—Paul Sisson, San Diego Union-Tribune, 27 Mar. 2025
The city is expected to pay for the infrastructure with a $64.5 million revenue bond.
—Lisa J. Huriash, Sun Sentinel, 27 Feb. 2025
The school was early in its talks with private equity, lent money internally to its athletic department, and eventually issued $327 million in revenue bonds to finance stadium construction.
—Eben Novy-Williams, Sportico.com, 5 Mar. 2025
See All Example Sentences for revenue bond
Cite this Entry
“Revenue bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20bond. Accessed 14 Apr. 2025.
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