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单词 conduit_bond
释义
Conduit bond
A conduit bond is a type of municipal bond sold by a governmental entity for the purpose of making proceeds available to a private entity usually in furtherance of a public purpose. An example would be bonds in connection with not-for-profit hospitals or affordable housing. The governmental issuer is typically not responsible in the event of default.
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更新时间:2025/2/23 15:20:33