Short term bond which will be paid off with the proceeds from a subsequent, larger bond issue. also called bond anticipation note.
Related information about anticipation note:
- Anticipation Note Definition | Investopedia
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, ...
- Bond Anticipation Note (BAN) Definition | Investopedia
A short-term interest-bearing security issued in advance of a larger, future bond issue. Bond anticipation notes are smaller short-term bonds that are issued by ...
- Tax Anticipation Note (TAN) Definition | Investopedia
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 ...
- Revenue Anticipation Note (RAN) Definition | Investopedia
A municipal bond that is repaid with expected revenues from the project being financed by the bond. RANs have a maturity of one year or less and the expected ...
- What is anticipation note? definition and meaning
Definition of anticipation note: Short term bond which will be paid off with the proceeds from a subsequent, larger bond issue. also called bond anticipation note.
- What is an Anticipation Note?
When a local or state government has a need for financial support between today and the issuing of a long term bond, the anticipation note helps to fill in the gap ...
- Bond Anticipation Note - Financial Dictionary - The Free Dictionary
A short-term debt instrument issued by a state or municipality to borrow against the proceeds of an upcoming bond issue.
- Revenue Anticipation Note - RAN: Definition from Answers.com
Revenue Anticipation Note (RAN) Short-term debt security issued by a municipality to finance operations, repayable from anticipated future revenues, such.