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
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The vote, which was unanimous and without discussion, means the California Municipal Finance Authority can issue up to $50 million in multifamily housing revenue bonds for the project, according to the city staff report. Theresa Clift, Sacbee.com, 7 Jan. 2026 The Park District secured $15 million budget in alternate revenue bonds to cover the entire project because the district settled all its long-term debt, including money borrowed to construct the facilities being updated. Olivia Stevens, Chicago Tribune, 7 Jan. 2026 That will happen via the Attracting Professional Sports to Kansas Fund, and via sales tax and revenue bonds, also known as STAR bonds. Eben Novy-Williams, Sportico.com, 22 Dec. 2025 In addition, Wells Fargo likes municipal bonds for those in high tax brackets, particularly investment-grade local general obligation bonds and water, sewer and electric revenue bonds. Michelle Fox, CNBC, 12 Dec. 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 12 Jan. 2026.

Legal Definition

revenue bond

see bond sense 2

More from Merriam-Webster on revenue bond

Last Updated: - Updated example sentences
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