| 单词 | revenue anticipation note |
| 释义 | revenue anticipation note noun[C] ukus(abbreviationRAN);(alsotax anticipation note)FINANCE,TAX in the US, atypeofbondused to getmoneyfor apublicproject, such asbuildingaroadorschool. Thebondispaidback withmoneyreceivedfromusersof theroad, etc. when it isfinished: LastweekCaliforniasold$8 million inrevenueanticipationnotes. Examplesofrevenue anticipation noterevenue anticipation note Arevenueanticipationnoteis an advance of 2016 town revenues that may not be collected until early 2017. FromBuffalo News The town's credit is now so poor that when it attempted to sell arevenueanticipationnotelast month, no investors were willing to buy it. FromBuffalo News These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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