What is the meaning of Revenue Anticipation Note (RAN)?

Revenue Anticipation Note (RAN) is a short-term municipal debt issue that will be repaid with anticipated revenues, such as sales taxes, from the project.

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APABarry Goldsmith. (2010). revenue anticipation note (ran). Retrieved September 30, 2026, from http://smartdefine.org/revenue_anticipation_note_(ran)/definitions/1162497
ChicagoBarry Goldsmith. 2010. "revenue anticipation note (ran)" http://smartdefine.org/revenue_anticipation_note_(ran)/definitions/1162497 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, revenue anticipation note (ran), Smart Define, viewed 30 September, 2026, <http://smartdefine.org/revenue_anticipation_note_(ran)/definitions/1162497>.
MLABarry Goldsmith. "revenue anticipation note (ran)" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/revenue_anticipation_note_(ran)/definitions/1162497>