revenue bond
noun
: a bond issued by a public agency authorized to build, acquire, or improve a revenue-producing property (such as a toll road) and payable out of revenue derived from such property
Examples of revenue bond in a Sentence
Recent Examples on the Web
The airport authority recently closed on a $16.6 million revenue bond issue to finance several projects, including the cargo center.
—
Carole Carlson, Chicago Tribune, 10 Apr. 2025
Sales tax revenue bonds, or STAR bonds, are meant for exceptional tourist destinations that are expected to draw at least 30% of their visitors each year from more than 100 miles away.
—Taylor O’Connor, Kansas City Star, 7 Apr. 2025
The town is using its American Rescue Plan Act funding along with the sale of revenue bonds to cover costs.
—Carole Carlson, Chicago Tribune, 28 Mar. 2025
After violating financial covenants for more than $700 million in revenue bonds, Palomar was forced to sign a forbearance agreement with lenders, committing to hire outside consultants and create a turnaround plan.
—Paul Sisson, San Diego Union-Tribune, 27 Mar. 2025
See All Example Sentences for revenue bond
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Carole Carlson, Chicago Tribune, 10 Apr. 2025
Sales tax revenue bonds, or STAR bonds, are meant for exceptional tourist destinations that are expected to draw at least 30% of their visitors each year from more than 100 miles away.
—Taylor O’Connor, Kansas City Star, 7 Apr. 2025
The town is using its American Rescue Plan Act funding along with the sale of revenue bonds to cover costs.
—Carole Carlson, Chicago Tribune, 28 Mar. 2025
After violating financial covenants for more than $700 million in revenue bonds, Palomar was forced to sign a forbearance agreement with lenders, committing to hire outside consultants and create a turnaround plan.
—Paul Sisson, San Diego Union-Tribune, 27 Mar. 2025
See All Example Sentences for revenue bond
Cite this Entry
“Revenue bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20bond. Accessed 24 Apr. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share