limited tax bond


Definition
Municipality bond that, like a general obligation bond, is backed by the full faith of the government issuer but, unlike an unlimited tax bond, is secured only by a certain percentage of revenue from a specific tax or group of taxes.

Related Personal Finance Articles

Loading...

limited tax bond in the news

Loading...

limited tax bond is ...

... part of the Bonds subject.

Search volume for limited tax bond

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