Meaning PUBLIC-PURPOSE BOND: A specific type of municipal bond used to finance public projects such as roads or government buildings. Interest on municipal bonds is federal income tax-free
More terms such as Public-purpose bond in Dictionary P.
- Definition Presale Order:
- Examples An order to purchase part of a new municipal bond issue that is accepted by an underwriting syndicate before an official public offering public-purpose bond definition.
- Definition Private Export Funding Corporation (PEFCO):
- Examples mobilizes private capital for financing the export of big-ticket items by U.S. firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of U.S. products public-purpose bond explain.
- Definition Profile Buyer/Seller:
- Examples Trader trying to get involved in a stock who presents self as a buyer/seller to draw a call from a customer. That is the trader has nothing real, or natural public-purpose bond what is.
- Definition Participation Loan:
- Examples A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender public-purpose bond meaning.
- Definition Publicly Traded Assets:
- Examples Assets that can be traded in a public market, such as the stock market public-purpose bond abbreviation.
