revenue bond(redirected from limited obligation bond)
Also found in: Thesaurus, Financial.
Related to limited obligation bond: Moral obligation bond, Limited Tax General Obligation Bond
A municipal bond whose repayment depends solely on the revenues of the project it finances.
a bond issued to finance a specific project, the income from which will be used for repaying the bond.
Switch to new thesaurus
|Noun||1.||revenue bond - a bond issued by an agency that is commissioned to finance public works; revenue from the public property is used to pay off the bond|