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.
The 18-month transaction takes the form of a revenue bond backed by ticket sales of several AirAsia routes, said the people, who asked not to be named discussing private matters. Megawati Wijaya, Bloomberg, 20 Apr. 2026 Maloney has said the biggest action an authority can take is to use industrial revenue bonds to finance strategic, high-impact projects. Arkansas Online, 12 Apr. 2026 For additional funding, Wood said the university was looking at revenue bonds from the Cal State system that could support some of the aspects of this project that would make money, such as hotels, parking garages and event centers. William Melhado, Sacbee.com, 13 Mar. 2026 The board was to vote on whether to approve the project and issue tax-exempt revenue bonds to fund it. Lev Akabas, Sportico.com, 27 Feb. 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 2 May. 2026.

Legal Definition

revenue bond

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