double-barreled municipal bond

double-barreled municipal bond

A municipal obligation that is a general obligation of the issuer and is also secured by a particular revenue source outside the general fund. Also called combination bond.
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.