Unlimited tax bond

Unlimited tax bond

A municipal bond secured by the pledge to levy taxes until full repayment at an unlimited rate.
References in periodicals archive ?
Tenders are invited for $5,000,000 unlimited tax bonds, series 2016 "qualified tax-exempt obligations".
4m Various Purpose Unlimited Tax Bonds, Series 2010-3C and USD5.
Tenders are invited for sale of $14,280,000 unlimited tax bonds, series 2016.
Tenders are invited for Sale of $2,000,000 unlimited tax bonds series 2016.
Tenders are invited for Sale of $3,955,000 unlimited tax bonds.