Dictionary
Thesaurus
Encyclopedia
Translator
Web

generalobligation bond

 - 1 dictionary result

gen⋅er⋅al-ob⋅li⋅ga⋅tion bond

[jen-er-uhl-ob-li-gey-shuhn]
–noun
a bond issued by a state or city and backed by general tax revenue and the issuer's credit.
Compare revenue bond.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To generalobligation bond
Search another word or see generalobligation bond on Thesaurus | Reference
FacebookTwitterFollow us: