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.
The board was to vote on whether to approve the project and issue tax-exempt revenue bonds to fund it. Lev Akabas, Sportico.com, 27 Feb. 2026 Independence would issue up to $150 billion in industrial revenue bonds for the data center’s construction and equipment — which Nebius would be on the hook for paying back — that would then qualify the project for abatements on both real property and personal property taxes. Ilana Arougheti, Kansas City Star, 25 Feb. 2026 The center was built with a combination of donations, grants, federal funds and long-term revenue bonds held by the Treasury Department. E. Andrew Taylor, The Conversation, 4 Feb. 2026 The state would also offset the costs using revenue bonds. Jt Moodee Lockman, CBS News, 21 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 11 Mar. 2026.

Legal Definition

revenue bond

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