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Revenue Anticipation Note
(redirected from Revenue Anticipation Notes)

    Also found in: Acronyms 0.01 sec.
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.
revenue anticipation note (RAN)
A short-term municipal obligation with repayment to be made from a revenue source other than taxes.
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We expect to issue seven billion dollars in Revenue Anticipation Notes for short term cash flow purposes in a matter of days.
California may need 7 billion dlrs as crisis bites: governor by AFP / AFP American Edition
The delegation also voted to authorize Gunstock to borrow up to $950,000 in revenue anticipation notes for the upcoming ski season.
Gunstock improvements OK'd by New Hampshire Business Review
The report criticized several practices, including the city's continued reliance on revenue anticipation notes.
Council grills Fitchburg mayor; Auditor cites `cause for concern' by Telegram & Gazette (Worcester, MA)
 
 
 
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