Definitions
There is 1 meaning of the phrase
Revenue Bond.
Revenue Bond - as a noun
A bond issued by an agency that is commissioned to finance public works; revenue from the public property is used to pay off the bond
Example Sentences
"The city issued revenue bonds to fund the construction of a new football stadium."
"Investors bought revenue bonds to finance the expansion of the hospital."
"The revenue bond was used to build a new toll bridge."
"The state government issued revenue bonds for highway improvements."
"The school district issued revenue bonds to upgrade the existing schools."
