project note

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Project Note

A short-term debt security issued by a municipality, usually in order to finance a federally-sponsored real estate or urban renewal project. When project notes are issued for this purpose, they are guaranteed by the U.S. Department of Housing and Urban Development. These are considered very low-risk bonds, and help the issuer cover the costs of a project while also avoiding taking on long-term debt.

project note (PN)

A short-term debt security issued by a municipality to finance a federally sponsored real estate project with repayment guaranteed by a pledge from the United States Department of Housing and Urban Development. These securities are considered very high-grade.

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.

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Led by the American Board of Internal Medicine Foundation, the American College of Physicians Foundation and the European Federation of Internal Medicine, the working premise of this project notes that changes in health care delivery systems in countries throughout the industrialized world threaten the values of professionalism.

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Mark Mauer of the Sentencing Project notes in The Race to Incarcerate (New Press, 1999) that African American defendants are three to four times as likely to get the death penalty, while Tonry reports that blacks charged with a broad range of offenses are more likely to be convicted than whites and that black convicts generally serve longer sentences than their white counterparts.

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Finally, Brown's discussion of the Federal Theater Project notes the importance of government support of the arts as a vehicle for both the support of the work of Black playwrights and the development of a Black audience (141-42).

And I owe it all to Sterling Brown: the theory and practice of Black literary studies