Municipal revenue bond

Municipal revenue bond

Bond issued by a municipality to finance a specific public works project and supported by the revenues of that project.

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Part of Speech: noun
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Blossary:
Industry/Domain: Financial services
Category: Funds
Company: Merrill Lynch
Product:
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Related terms

municipal revenue bond

Financial services; General Finance

A bond issued to finance a public project that is funded by the revenues of the project.

municipal revenue bond

Financial services; Funds

Bond issued by a municipality to finance a specific public works project and supported by the revenues of that project.

buy fund symbol

Financial services; Funds

The fund symbol that you are buying when entering a mutual fund exchange.

buy order(purchase)

Financial services; Funds

In securities trading, an order to a brokerage firm/broker to purchase a specified quality of a security at the market price or limited price.

buy put

Financial services; Funds

An option contract that gives the holder the right to sell the underlying security at a specified price for a certain, fixed period of time.

buy stop order(purchase)

Financial services; Funds

Buy order that is entered at a price above the current offering price and becomes a market order when the current market price touches or goes through the buy stop price.

buy to close

Financial services; Funds

Buying an option contract to close out a pre-existing short position.

buy to cover

Financial services; Funds

The purchase of a long position to offset a short position.

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