| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,898,168,297 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Combination Bond |
0.01 sec. |
|
|
Combination bond A bond backed by the government unit issuing it as well as by revenue from the project that is to be financed by the bond. Combination Bond A municipal bond with the coupon and principal guaranteed both by the general revenue of the municipality issuing the bond and by the revenue of the project the bond finances. If the revenue from the project is less than expected and is not enough to make payments, the municipality will make them instead. A combination bond is intended to reduce the risk to the bondholder to the least possible amount; therefore, interest rates on them are fairly low. It is also called a double-barrel municipal bond.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|