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.
Additionally, council also approved a community improvement district at the site and industrial revenue bonds to offset eligible construction costs. Taylor O'Connor, Kansas City Star, 27 Jan. 2026 The state would also offset the costs using revenue bonds. Jt Moodee Lockman, CBS News, 21 Jan. 2026 Kemp noted the state is in a good place to borrow, as its debt to revenue ratio is now the lowest since the state first began issuing revenue bonds in the 1970s. Adam Beam, AJC.com, 16 Jan. 2026 Tyson secured the deal through an industrial revenue bond ordinance valued at up to $127 million to purchase and upgrade the property. Juan Vassallo, Oklahoman, 16 Jan. 2026 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 3 Feb. 2026.

Legal Definition

revenue bond

see bond sense 2

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