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Revenue Anticipation Note (RAN)

A short-term municipal debt issue that will be repaid with anticipated revenues, such as sales taxes, from the project.

Revenue Anticipation Note

A municipal bond, with a maturity of one year or less, that is repaid to bondholders with expected revenues from the project the RAN intends to finance. For example, a city may issue an RAN to finance improvements to the local museum. It expects to be able to pay back the bond with money raised on increased ticket sales at the museum after improvements are completed.


References in classic literature ?
The boy paid no attention to the muttering of his grandfather, but ran along beside him and won- dered what was going to happen.
With a cry of fear, David turned and, shaking himself loose from the hands that held him, ran away through the forest.
Fentara 11 ran Record of first five home: 0 win from 6 runs = 0 Record of last six home: 4 wins from 7 runs - McMurrough (2 wins), Nodform Richard, Father Shine = +9 Total record: 4 wins from 13 runs (31%) for a profit of +PS17 to PS1 levels.
3 : to take to flight <They saw the police and ran.
In other words, an emulator is a program that runs on the new computer and makes it behave like the old computer, which allows the new computer to run virtually any program that originally ran on the old computer, thereby virtually recreating the old computer.
A lot of families are into football on Sundays, but we ran,'' said Chris Covert, a cross country and track and field coach at Southern Connecticut State who also ran at Cal State Fullerton.
Next, we added the outside stretch with a kick block on a hard force player, then went to more of a shorter version of the outside zone and ran it more like an Iso with zone blocking.
These pressure will be designed to attack the ran and pass equally, with special emphasis on play action and draw-action passes.
With this in mind, while interval workouts are most often referenced by distance ("I ran six half-mile repeats"), the real issue is time.
The tailback can be used to run the flat route, which, as in the ran play, makes the fullback responsible for blocking the defensive perimeter.
Our players know the exact pace of each interval they ran.