Search for a term:

official statement


Definition
A legal statement which serves as the prospectus for a municipal bond. It is a disclosure of the finances surrounding the issue of the municipal bond, and is prepared by the local or state government and its legal counsel. The official statement indicates how investors in the bonds will be repaid.


Related Terms

bond counsel -

Mentioned in these terms

preliminary official statement

Related Personal Finance Articles

Loading...

official statement in the news

Loading...


Enter your email address to get our free Term of the Day newsletter!

official statement is ...

... part of the Bonds and Law & Estate Planning subjects.

Search volume for official statement

Browse 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