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单词 Toll Revenue Bond
释义

Toll Revenue Bond
A type of municipal bond used to build a public project such as a bridge, tunnel or expressway. The principal and interest repayments are supplied by revenues from tolls paid by users of the public project in question.

Investopedia Says:
The main reason municipalities use these revenue bonds is because the bonds allow them to avoid reaching legislated debt limits.

Related Terms:
Bond
Municipal Bond
Private Purpose Bond
Revdexa
Revenue Bond
Special Tax Bond

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更新时间:2025/2/2 14:26:11