Tax Anticipation Notes - TAN (redirected from Tax Anticipation Note)

Tax Anticipation Notes - TAN

Short-term debt securities issued in anticipation of future tax collections.

Notes:

TANs are generally issued by state and municipal governments to provide immediate funding for a capital expenditure, such as highway construction.

See also: Bond, Bond Anticipation Note - BAN, Construction Loan Note - CLN, Demand Note, Revenue Anticipation Note - RAN