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general obligation bond

/ˈdʒɛnərəl ˌɑbləˈgeɪʃən bɑnd/ /ˈdʒɛnərəl ˌɒblɪˈgeɪʃən bɒnd/
noun
GeneralFinance
  1. 1 genel yükümlülük tahvili countable

Definition (English)

A municipal bond repaid from the issuer's general tax revenues, backed by the government's taxing power.

Example Sentences

  1. The city issued a general obligation bond.
    Şehir genel yükümlülük tahvili çıkardı.
  2. General obligation bonds are safer.
    Genel yükümlülük tahvilleri daha güvenlidir.

Phrases 28

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