Net Revenue Pledge
(redirected from Net Revenue Pledges)

0.01 sec.

Net Revenue Pledge

A provision in some municipal bonds requiring the issuer to use the revenue the bond raises after expenses to pay for the debt service. For example, if a bond issue raises $10 million, but the project it intends to finance only costs $8 million, a net revenue pledge would require the issuer to use the remaining $2 million to service the debt from the bond. A net revenue pledge exists in order to make the municipal bond less risky for investors; a bond indenture that contains a net revenue pledge is more likely receive a higher credit rating than one that does not have one.

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.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Financial browser	?		Full browser	?
No references found			net operating income Net Operating Loss Net Operating Loss Carrybacks Net Operating Loss Carryforwards Net Operating Losses Net Operating Margin Net Operating Profit after Tax Net Operating Profit Less Adjusted Taxes Net parity Net Period Net Plant and Equipment Net Position net present value Net Present Value of Future Investments Net present value of growth opportunities Net Present Value Rule Net Proceeds Net Profit Net Profit Margin Net Quick Assets Net Realizable Value Net Realized Capital Gains Per Share Net Receivables net return rate Net Revenue Pledge Net Revenue Pledges Net Sales Net sales transaction Net Salvage Value Net Short Net Tangible Assets Net Tangible Assets Per Share Net Transaction Net transaction exposure Net Unrealized Appreciation net usable acre/net usable feet Net Volume Net Weight Net Working Capital net worth Net Yield net-net-net lease Netherlands Antillean Guilder Netherlands Antilles Guilder Netting Netting Out Nettoeinkommen Nettovermogen Network A Network A/Network B Network B			Net realized capital gains per share Net Receivable Net Receivables Net Registered Tonnage Net registered tons Net Renal Acid Excretion Net Rentable Area Net Rentable Square Feet Net Repair Objective Net Reserve Value Net Residual Value Net Residual Values Net Resources International Net Results Unlimited Net Retail Price net return Net Return on Sales net return rate Net Returns Above Total Net revenue Net revenue Net revenue Net Revenue Interest Net Revenue Per Adjusted Patient Day Net Revenue Per Case Net Revenue Pledge Net Revenue Pledges Net Riddle net room area Net run rate Net Sale Proceeds net sales net sales Net Sales After Discounts Net Sales Area Net Sales Classified Advertising Net Sales Income Net sales transaction Net Sales Value Net salvage value Net Salvage Values Net Satisfaction Net Satisfaction Index net section Net Sellable Area Net server Net Server Assistant Net sex Net sex Net sex Net Shape Forming Development Net Short Net Short Wave Radiation Surface Net Short-Term Capital Gain

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.

Net Revenue Pledge (redirected from Net Revenue Pledges)

Net Revenue Pledge
(redirected from Net Revenue Pledges)