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
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.
Pardo, who sponsored the legislation to send the Marine Stadium development to the ballot, told the Herald that a few years down the road, the city can look at issuing a revenue bond to cover the restoration costs. Tess Riski july 31, Miami Herald, 31 July 2026 The council also passed a resolution establishing the city's formal intent to issue up to $14 million in water and sewer revenue bonds to finance system-wide improvements. Randy Moll, Arkansas Online, 26 July 2026 Kozlik sees opportunities in general obligation and essential service revenue bonds. Michelle Fox, CNBC, 15 July 2026 The proposition would allow the California Housing Finance Agency to issue up to $25 billion in revenue bonds to administer the program. Iris Kwok, Los Angeles Times, 6 July 2026 See All Example Sentences for revenue bond

Word History

First Known Use

1856, in the meaning defined above

Time Traveler
The first known use of revenue bond was in 1856

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Cite this Entry

“Revenue bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revenue%20bond. Accessed 1 Aug. 2026.

Legal Definition

revenue bond

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