Municipal bond which is repaid from taxes collected from those who benefit from the project the bond's proceeds were used to fund. also called special-purpose bond.
Related information about assessment bond:
- Special Assessment Bond Definition | Investopedia
A special type of municipal bond used to fund a development project. Interest owed to lenders is paid by taxes levied on the community benefiting from the ...
- What is assessment bond? definition and meaning
Definition of assessment bond: Municipal bond which is repaid from taxes collected from those who benefit from the project the bond's proceeds were used to ...
- What Is an Assessment Bond?
Sometimes referred to as a special assessment bond or special purpose bonds, an assessment bond is a municipal bond that is used to generate funds for ...
- Special Assessment Bond - Financial Dictionary - The Free Dictionary
Special assessment bond. A municipal bond with interest paid by the taxes of the community benefiting from the bond-funded project. Special Assessment Bond ...
- An Overview of Special Assessment Bond Authority in North Carolina
An Overview of Special Assessment Bond Authority in North Carolina. 3. Likewise, the traditional special assessment method, authorized by G.S. Ch. 160A, Art.
- Special Assessment Bond Financing - National Association of Home ...
the country are increasingly turning to special assessment bond financing. ... First , special assessment bond financing is nonrecourse to the developer, which ...
- Special Assessment Bond: Definition from Answers.com
municipal bond that is repaid from taxes imposed on those who benefit directly from the neighborhoodoriented public works project funded by the bond; also.
- RCW 85.38.240: Special assessment bonds — Issuance — Terms.
The maximum term of any special assessment bond issued by a special district shall be twenty years. The maximum term of any special assessment note issued ...