What is the meaning of Revenue bond?

Revenue bonds are municipal bonds issued to finance public projects, such as airports, roadways, and dams. The bonds are backed by revenue to be generated by the project. For example, if the construction of a tunnel is financed with municipal revenue bonds, the tolls paid by motorists are used to pay back the bondholders. However, bondholders usually have no claims on the bond issuer's other assets or resources.

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APABarry Goldsmith. (2010). revenue bond. Retrieved September 28, 2026, from http://smartdefine.org/revenue_bond/definitions/1162499
ChicagoBarry Goldsmith. 2010. "revenue bond" http://smartdefine.org/revenue_bond/definitions/1162499 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, revenue bond, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/revenue_bond/definitions/1162499>.
MLABarry Goldsmith. "revenue bond" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/revenue_bond/definitions/1162499>
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