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Investing Glossary:
Revenue bond
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| A Bond issued by a municipality to Finance either a project or an Enterprise in which the Issuer pledges to the bondholders the revenues generated by the operation of the projects financed. Examples are hospital revenue Bonds and sewer revenue bonds.
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