UTILITY REVENUE BOND
Utility Revenue Bond is a kind of municipal bond. It’s primary purpose is to fund and finance utility products like water systems, electrical plants, sewer systems and other kinds of utility institutions that fall under public utility. Through utility improvements, monies are earned and thus a utility revenue bond is repaid. This will happen once the projects has fulfilled its purpose and the utility is functioning.
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DOP
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Short-Term Paper
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Endowment
Financial asset donated to a non-profit institution, in the form of investment funds or property, with the purpose at the donor’s bequest. Th ...
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| 02:00 | Mid-Year Economic and Fiscal Outlook | ||
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