单词 | general obligation bond |
释义 | general obligation bondDefinition Government bond issued with the government's commitment to use its full taxing and borrowing authority (and other revenue resources) to make timely payment of interest and principal. Bonds issued by government agencies (municipalities, for example) may not have this power, and may rely only on the revenue from the project (to finance which the bond was issued). Also called full faith and credit bond. |
随便看 |
|
英汉经管词典收录了27404条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。