revenue bond

简明释义

收益担保债券

英英释义

例句

1.Investors are attracted to revenue bonds because they are backed by specific revenue streams.

投资者被收益债券所吸引，因为它们由特定的收入来源支持。

2.Municipalities often use revenue bonds to support infrastructure projects like bridges and highways.

市政当局通常使用收益债券来支持桥梁和高速公路等基础设施项目。

3.The toll road project was funded through the sale of revenue bonds.

收费公路项目通过出售收益债券获得资金。

4.A revenue bond can be a safer investment option compared to general obligation bonds.

与一般义务债券相比，收益债券可能是更安全的投资选择。

5.The city issued a revenue bond to finance the construction of a new public library.

该市发行了一种收益债券来资助新公共图书馆的建设。

作文

In the world of finance, various instruments are used to raise funds for different projects and initiatives. One such instrument is the revenue bond, which plays a crucial role in public and private financing. Understanding what a revenue bond is can help individuals and organizations make informed decisions when it comes to investing or funding projects. A revenue bond is a type of municipal bond that is specifically backed by the revenue generated from a particular project or source, rather than the general taxing power of the issuer. This means that the repayment of the bond is reliant on the income produced by the project it finances, such as tolls from a highway, fees from a public utility, or revenues from a sports arena.The primary advantage of revenue bonds is that they allow municipalities to fund essential services and infrastructure without imposing additional tax burdens on their residents. For example, if a city wants to build a new water treatment facility, it can issue revenue bonds that will be repaid through the fees collected from residents who use the water service. This not only provides the necessary capital for the project but also ensures that the costs are borne by those who directly benefit from it.Moreover, revenue bonds often come with a lower risk compared to other types of bonds, primarily because they are tied to specific revenue streams. Investors may feel more secure knowing that their investment is backed by tangible assets and predictable income. However, it is important to note that the success of revenue bonds heavily relies on the project's ability to generate sufficient revenue. If the project fails to attract enough users or customers, it may struggle to meet its debt obligations, leading to potential losses for investors.Another key aspect of revenue bonds is their tax-exempt status. In many jurisdictions, the interest earned on these bonds is exempt from federal income tax, and sometimes state and local taxes as well. This feature makes revenue bonds an attractive option for investors looking for tax-efficient income. By investing in revenue bonds, individuals can potentially earn a higher after-tax return compared to taxable bonds, making them a popular choice among high-net-worth individuals and institutional investors.In conclusion, revenue bonds serve as a vital financial tool for funding projects that provide essential services to communities. They offer a way to finance infrastructure without increasing taxes, while also providing investors with a relatively low-risk investment opportunity. However, like any financial instrument, they come with their own set of risks and challenges. It is essential for both issuers and investors to conduct thorough due diligence and understand the underlying revenue sources before engaging with revenue bonds. As the demand for public services continues to grow, the importance of revenue bonds in financing these needs will undoubtedly remain significant.

在金融世界中，各种工具被用来为不同的项目和倡议筹集资金。其中一种工具是收入债券，它在公共和私人融资中发挥着至关重要的作用。理解收入债券的含义可以帮助个人和组织在投资或资助项目时做出明智的决策。收入债券是一种市政债券，其特定支持来自于某个特定项目或来源产生的收入，而不是发行人的一般征税权。这意味着债券的偿还依赖于其融资项目产生的收入，例如公路的通行费、水务公用事业的费用或体育场馆的收入。收入债券的主要优势在于，它们允许市政当局为基本服务和基础设施提供资金，而不会对居民施加额外的税收负担。例如，如果一个城市想要建造一个新的水处理设施，可以发行收入债券，通过向使用水服务的居民收取的费用来偿还。这不仅提供了项目所需的资本，还确保了费用由直接受益的人承担。此外，收入债券通常相较于其他类型的债券风险较低，主要因为它们与特定的收入来源相关联。投资者可能会感到更安全，因为他们的投资是由有形资产和可预测的收入支持的。然而，需要注意的是，收入债券的成功在很大程度上依赖于项目能够产生足够的收入。如果项目未能吸引足够的用户或客户，可能会难以满足其债务义务，从而导致投资者潜在的损失。收入债券的另一个关键方面是它们的免税地位。在许多司法管辖区，这些债券所赚取的利息免于联邦所得税，有时也免于州和地方税。这一特性使得收入债券成为寻求税收高效收入的投资者的理想选择。通过投资于收入债券，个人可以获得比应税债券更高的税后回报，这使它们在高净值个人和机构投资者中成为流行选择。总之，收入债券作为一种重要的金融工具，为向社区提供基本服务的项目融资。它们提供了一种融资基础设施而不增加税收的方式，同时为投资者提供了相对低风险的投资机会。然而，像任何金融工具一样，它们也伴随着自身的一系列风险和挑战。无论是发行者还是投资者，在参与收入债券之前，进行彻底的尽职调查并了解潜在的收入来源至关重要。随着对公共服务需求的不断增长，收入债券在融资这些需求中的重要性无疑将继续显著。