revenue bond
noun
: a bond issued by a public agency authorized to build, acquire, or improve a revenue-producing property (such as a toll road) and payable out of revenue derived from such property
Example Sentences
Recent Examples on the Web The project was funded through a variety of fees, including passenger and car rental fees and general airport revenue bond proceeds. 
Sarah Freishtat, chicagotribune.com, 18 Apr. 2022 The municipality is already requesting $600 million from the Legislature and approved a $165 million revenue bond earlier this month, according to Young. Zaz Hollander, Anchorage Daily News, 30 Jan. 2022 The project is funded through a variety of fees, including passenger and car rental fees and general airport revenue bond proceeds. Sarah Freishtat, chicagotribune.com, 2 Nov. 2021 The state has not passed a tuition revenue bond package funding higher education construction since 2015. Kate Mcgee, San Antonio Express-News, 18 May 2021 Before 2015, the state hadn’t passed a tuition revenue bond bill since 2006. Kate Mcgee, San Antonio Express-News, 18 May 2021 With a lone stream of cash reserved to pay off revenue bond debt, investors see revenue bonds as riskier. Diego Mendoza-moyers, ExpressNews.com, 13 Jan. 2021 The university’s most recent financial statement, for the 2018-19 fiscal year, states the university in that year paid about $14.5 million in principal and interest in debt service for five athletic facilities revenue bond issues. Jaime Adame, Arkansas Online, 8 Sep. 2020 Funding would come from a revenue bond that would be repaid over time through school energy bill savings, according to the coalition. Danielle Echeverria, SFChronicle.com, 18 Aug. 2020 See More
Sarah Freishtat, chicagotribune.com, 18 Apr. 2022 The municipality is already requesting $600 million from the Legislature and approved a $165 million revenue bond earlier this month, according to Young. Zaz Hollander, Anchorage Daily News, 30 Jan. 2022 The project is funded through a variety of fees, including passenger and car rental fees and general airport revenue bond proceeds. Sarah Freishtat, chicagotribune.com, 2 Nov. 2021 The state has not passed a tuition revenue bond package funding higher education construction since 2015. Kate Mcgee, San Antonio Express-News, 18 May 2021 Before 2015, the state hadn’t passed a tuition revenue bond bill since 2006. Kate Mcgee, San Antonio Express-News, 18 May 2021 With a lone stream of cash reserved to pay off revenue bond debt, investors see revenue bonds as riskier. Diego Mendoza-moyers, ExpressNews.com, 13 Jan. 2021 The university’s most recent financial statement, for the 2018-19 fiscal year, states the university in that year paid about $14.5 million in principal and interest in debt service for five athletic facilities revenue bond issues. Jaime Adame, Arkansas Online, 8 Sep. 2020 Funding would come from a revenue bond that would be repaid over time through school energy bill savings, according to the coalition. Danielle Echeverria, SFChronicle.com, 18 Aug. 2020 See More Word History
First Known Use
1856, in the meaning defined above
Legal Definition
revenue bond
see bond sense 2