Home > Term: Public-purpose bond
Public-purpose bond
A specific type of municipal bond used to finance public projects such as roads or government buildings. Interest on municipal bonds is federal income tax-free.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Financial services
- Category: General Finance
- Company: Bloomberg
0
Δημιουργός
- Jessehe
- 40.13% positive feedback