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Net Debt To Assessed Valuation |
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Net Debt To Assessed Valuation In a municipal bond issue, a ratio measuring the value of the municipality's net debt compared to the specified value of the real property being purchased as assessed for tax purposes. Notes: This is one of the factors which determines the quality of a municipal bond issue. The lower a municipality's debt is relative to the assessed value of its property, the less risky its bonds are deemed to be, since there is less risk of the government being unable to finance repayment of the bond issue.See also: Assessed Value, Assessor, Bond Rating, Default Risk, Municipal Bond, Net Debt, Real Estate How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Net Debt To Assessed Valuation
