taxable bond


A bond for which the returns are taxable, by the federal, state, or local government. Most debt securities are taxable, although some non-taxable bonds are offered at a lower rate of return. Many non-taxable bonds are offered by municipalities to pay for projects that benefit the public.

Use taxable bond in a sentence

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
taxable acquisition taxable estate