special assessment bonds

special assessment bonds
Municipal securities repaid from taxes that are imposed only on the individuals who are considered to directly benefit from public improvements made to a neighborhood or community within the municipality. The most common examples are school district bonds. These bonds are repaid from taxes, most often property taxes, imposed on residents served by the school district. Another example is securities issued to finance installation of a sewer system extended to a neighborhood. American Banker Glossary

Financial and business terms. 2012.

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  • special assessment bonds or notes — Municipal securities repaid from taxes that are imposed only on the individuals who are considered to directly benefit from public improvements made to a neighborhood or community within the municipality. The most common examples are school… …   Financial and business terms

  • special assessment notes — special assessment bonds or notes Municipal securities repaid from taxes that are imposed only on the individuals who are considered to directly benefit from public improvements made to a neighborhood or community within the municipality. The… …   Financial and business terms

  • Special Tax Bond — A type of bond that is repaid by revenues derived from taxation of a particular activity or asset. These bonds are repaid with either excise taxes, special assessment taxes or ad valorem taxes. For example, say a special tax bond is be issued to… …   Investment dictionary

  • Revenue bonds — are bonds issued by governments, authorities, or public benefit corporations that are guaranteed by the revenue flow of the issuing agency.The Supreme Court decision of Pollock versus Farmer s Loan and Trust Company of 1895 initiated a wave or… …   Wikipedia

  • Municipal Revenue Bonds — Municipal Revenue BondsThe Supreme Court of the United States decision of Pollock v. Farmers Loan Trust Co. of 1895 initiated a wave or series of innovations for the financial services community in both tax treatment and regulation from… …   Wikipedia

  • ОБЛИГАЦИИ МУНИЦИПАЛЬНЫЕ СПЕЦИАЛЬНОГО НАЗНАЧЕНИЯ — SPECIAL ASSESSMENT BONDSОблигации, выпускаемые муниципалитетами с целью получения средств для финансирования работ, расположенных на данной территории. Как правило, это обустройство парков, дренажных систем, систем канализации, пешеходных дорожек …   Энциклопедия банковского дела и финансов

  • Revenue bond — A revenue bond is a special type of municipal bond distinguished by its guarantee of repayment solely from revenues generated by a specified revenue generating entity associated with the purpose of the bonds, rather than from a tax. Unlike… …   Wikipedia

  • MUD — A municipal utility district, which is a political subdivision that administers utility related services, sometimes requiring the issue of special assessment bonds. Bloomberg Financial Dictionary …   Financial and business terms

  • MUD:сокр. MUNICIPAL UTILITY DISTRICT — муниципальные бумаги коммунального хозяйства; подразделения, которые обеспечивают коммунальное обслуживание района, могут выпускать муниципальные облигации на основе специальных налогов (special assessment bonds) на население, которое пользуется… …   Финансово-инвестиционный толковый словарь

  • bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… …   Black's law dictionary

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