Utility revenue bond(redirected from Utility Revenue Bonds)
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Utility revenue bond
A municipal bond issued to finance the construction of public utility services. These bonds are repaid from the operating revenues the project produces after the utility is finished.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Utility Revenue Bond
A municipal bond issued in order to finance the construction of a public utility, such as a power plant or a water treatment plant. A utility revenue bond is guaranteed by and is paid out of the revenues derived from the sale of those utilities.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved