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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Not any rate is realizable by the radio access network. Typically, a number J of pre-defined formats are defined, each with a specific rate [r.sub.j], j = 1, ..., J.
"The new CommProve deployment will extend the capabilities of Cell C's existing solution to provide IuB interface monitoring and Radio Access Network Insight.
The latest version runs under Motorola's Linux operating system within the recently introduced HXP chassis and offers on-board Ethernet/ATM and H.110 interfaces to provide connectivity to the UMTS radio access network (UTRAN) and the public switched telephone network (PSTN) as well as to IP-based public land mobile networks (PLMN).
Pivotal Commware, inventor of Holographic Beam Forming[R] (HBF), has announced the company has joined the O-RAN Alliance, a carrier-led collaboration aimed at driving openness in the radio access network (RAN) of next generation wireless systems, the company said.
ASOCS Ltd., a pioneer in Radio Access Network (RAN) virtualization, has joined the Cisco-led Open vRAN ecosystem aiming to accelerate the viability and adoption of Open vRAN solutions, the company said.
Huawei was awarded 50% of the radio network and 100% of the core and value added services networks, while Alcatel-Lucent was awarded the other 50% of the radio access network.
Nokia Siemens, which is a 50/50 joint venture of Finnish Nokia Oyj (HEL: NOK1V) and German Siemens AG (FRA: SIE), is deploying its Single Radio Access Network (Single RAN) platform, which serves a variety of wireless access technologies by using the same Flexi Multiradio base station.
The UTRAN radio network (UMTS Terrestrial Radio Access Network) will be entrusted to Siemens, France's Alcatel and Sweden's Ericsson group, according to a statement from TMN.
The xRAN Forum has announced its intent to merge with the C-RAN Alliance to form a world-wide, carrier-led effort to drive new levels of openness in the radio access network of next-generation wireless systems, the company said.
The services will be based on the Nokia Siemens Networks single radio access network (RAN) technology and LTE-capable Flexi Multiradio base station.