Meaning PRIVATE-PURPOSE BOND: A municipal bond allowing more than 10% of the proceeds go to private activities
More terms such as Private-purpose bond in Dictionary P.
- Definition Philadelphia Stock Exchange (PHLX):
- Examples A securities exchange trading American and European foreign currency options on spot exchange rates private-purpose bond definition.
- Definition Put Provision:
- Examples Gives the holder of a floating-rate bond the right to redeem the note at par on the coupon payment date private-purpose bond explain.
- Definition Priced Out:
- Examples The market has already incorporated information, such as a low dividend, into the price of a stock private-purpose bond what is.
- Definition Paris Bourse:
- Examples National stock market of France private-purpose bond meaning.
- Definition Performance Shares:
- Examples given to managers on the basis of performance as measured by earnings per share and similar criteria. A control device shareholders sometimes use to tie management to the self-interest of private-purpose bond abbreviation.