revenue anticipation note

revenue anticipation note
revenue anticipation note ( RAN)
A short-term note sold by a public entity that will be repaid from the proceeds of anticipated nontax income. American Banker Glossary
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( RAN)
A short-term municipal debt issue that will be repaid with anticipated revenues, such as sales taxes, from the project. Bloomberg Financial Dictionary

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revenue anticipation note UK US noun [C] (ABBREVIATION RAN, also tax anticipation note)
FINANCE, TAX in the US, a type of bond used to get money for a public project, such as building a road or school. The bond is paid back with money received from users of the road, etc. when it is finished: »

Last week California sold $8 million in revenue anticipation notes.


Financial and business terms. 2012.

Look at other dictionaries:

  • Revenue Anticipation Note - RAN — A short term debt security issued on the premise that future revenues will be sufficient to meet repayment obligations. RANs are generally used to generate immediate investment capital to begin a large project. These securities are repaid with… …   Investment dictionary

  • Anticipation Note — A short term obligation that is issued for temporary financing needs by a municipality. The principal payoff may be covered by a future longer term bond issue, taxes or other form of revenue. These notes normally have maturities of one year or… …   Investment dictionary

  • tax anticipation note — UK US noun [C] (ABBREVIATION TAN) TAX ► REVENUE ANTICIPATION NOTE(Cf. ↑revenue anticipation note) …   Financial and business terms

  • Tax Anticipation Note - TAN — A short term debt security issued by a state or local government to finance an immediate project that will be repaid with future tax collections. State and local governments use tax anticipation notes to borrow money, typically for one year or… …   Investment dictionary

  • tax and revenue anticipation notes — ( TRAN) Short term notes sold by a public entity that will be repaid from the proceeds of anticipated tax and/or fee collections. Also see tax anticipation notes and bond anticipation note …   Financial and business terms

  • Note — Debt instruments with initial maturities greater than one year and less than 10 years. The New York Times Financial Glossary * * * ▪ I. note note 1 [nəʊt ǁ noʊt] noun 1. [countable] BANKING a piece of printed paper that is used as money; …   Financial and business terms

  • note — debt instruments with initial maturities ( maturity) longer than one year and shorter than 10 years. Bloomberg Financial Dictionary * * * ▪ I. note note 1 [nəʊt ǁ noʊt] noun 1. [countable] BANKING a piece of printed paper that is …   Financial and business terms

  • RAN — revenue anticipation note (RAN) A short term note sold by a public entity that will be repaid from the proceeds of anticipated nontax income. American Banker Glossary revenue anticipation note * * *    Revenue anticipation notes.    ► See also… …   Financial and business terms

  • RAN — revenue anticipation note обязательство ( муниципальные векселя) под будущие доходы …   Финансово-инвестиционный толковый словарь

  • RAN — Royal Australian Navy (Academic & Science » Ocean Science) Royal Australian Navy (Governmental » Military) Royal Australian Navy (Governmental) Radio Access Network (Computing » Networking) **** Rainforest Action Network (Community » Non Profit… …   Abbreviations dictionary

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