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Bars & nightclubs
Establishments where patrons can indulge in alcohol, dancing, smoking, eating, music or entertainment. Usually open until late night and popular with young adults.
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yield equivalence
Financial services; General Finance
The interest rate at which a tax-exempt bond and a taxable security of similar quality give the investor the same rate of return.
reading the green
Sports; Golf
The skill of looking at the green and figuring out which way the ball will move as it goes toward the hole. Will it break to the left, right or go straight.
special assessment bond
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A municipal bond with interest paid by the taxes of the community benefiting from the bond-funded project.
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