assessment bond
Definition
Municipal bond which is repaid from taxes collected from those who benefit from the project the bond's proceeds were used to fund. also called special-purpose bond.
This content can be found on the following page:
http://www.investorwords.com/271/assessment_bond.html
email to a friend
 print this definition
 cite this definition
 link to this page
Copy and paste this HTML in your website to link to this page
Related Research Articles from the InvestorGuide.com University
Municipal Bonds
Learn about the two types of bonds issued by municipal organizations: General Obligation bonds and Revenue bonds, and what the benefits of municipal bonds in general are.
Other Types of Bonds
Find out about bonds issued by mortgage associations, savings bonds, Brady bonds, as well as those issued by other government agencies, and what the advantages and disadvantages of each type are.
Introduction to Bonds
This asset class plays an important role in most investors' portfolios, and the basic concepts are important for every investor to know. Here we explain how bonds work, and we describe the different types of bonds, including corporate, municipal, treasury, agency, zero-coupon, and junk bonds.
|
