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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Some of that funding will likely come from lease revenue bonds, Curl said. Sierra Lopez, Mercury News, 23 Oct. 2025 The wide-ranging pact also includes amendment of a forbearance agreement with Palomar’s lenders, a requirement that lenders created after the public health care district breached financial covenants on more than $700 million in revenue bond debt. Paul Sisson, San Diego Union-Tribune, 23 Oct. 2025 In fact, this kind of situation can’t occur in nearly 100 other countries around the world, because those countries fund air traffic control, much like airports, from customer user fees and long-term revenue bond financing. Robert Poole, Oc Register, 8 Oct. 2025 The new stadium is expected to be paid for with a revenue bond through the California State University system, Wood said. Chris Biderman, Sacbee.com, 2 Oct. 2025 See All Example Sentences for revenue bond

Word History

First Known Use

1856, in the meaning defined above

Time Traveler
The first known use of revenue bond was in 1856

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Cite this Entry

“Revenue bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20bond. Accessed 25 Oct. 2025.

Legal Definition

revenue bond

see bond sense 2

More from Merriam-Webster on revenue bond

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