A municipal bond backed by a full faith and credit commitment to tax at whatever rate and for whatever duration is necessary to fulfill the obligation.
Related information about unlimited tax bond:
- Unlimited Tax Bond Definition | Investopedia
A municipal bond that is backed by the pledge of the issuer (generally a city or municipality) to raise taxes, without limit, to service the debt until it is repaid.
- What is unlimited tax bond? - InvestorWords.com
Definition of unlimited tax bond: A municipal bond backed by a full faith and credit commitment to tax at whatever rate and for whatever duration is necessary to ...
- What is unlimited tax bond? - BusinessDictionary.com
Definition of unlimited tax bond: A municipal bond that is backed by a pledge to raise taxes as high as is necessary to repay the debt.
- Unlimited tax bond - Financial Dictionary - The Free Dictionary
A municipal bond secured by the pledge to levy taxes until full repayment at an unlimited rate. Want to thank TFD for its existence? Tell a friend about us, add a ...
- Municipal Bonds Glossary
Trustees are appointed to ensure compliance with the trust indenture and represent bondholders to enforce their contract with the issuers. Unlimited tax bond.
- General obligation bonds - Municipal Securities Rulemaking Board
... ASSESSMENT BOND; SPECIAL OBLIGATION BOND; SPECIAL TAX BOND. See: LIMITED TAX GENERAL OBLIGATION Bond; UNLIMITED TAX BOND.
- limited tax bond - Municipal Securities Rulemaking Board
Compare: GENERAL OBLIGATION BOND; LIMITED TAX GENERAL OBLIGATION BOND; REVENUE BOND; UNLIMITED TAX BOND. Terms and Conditions ...
- LIMITED TAX GENERAL OBLIGATION Bond - Municipal Securities ...
Compare: LIMITED TAX BOND; REVENUE BOND; UNLIMITED TAX BOND. See: GENERAL OBLIGATION BOND. Terms and Conditions | Privacy Statement ...