limited tax bond. Definition. Municipality bond that, like a general obligation bond, is backed by the full faith of the government issuer but, unlike an unlimited tax bond, is secured only by a certain percentage of revenue from a specific tax or group of taxes. Print Cite / Link.
http://www.investorwords.com/7379/limited_tax_bond.html
(March 2008) A general obligation bond is a common type of municipal bond in the United States that is secured by a state or local government's pledge to use legally available resources, including tax revenues, to repay bond holders.
https://en.wikipedia.org/wiki/General_obligation_bond
Definition of tax bond. : a government bond made receivable in payment of taxes.
https://www.merriam-webster.com/dictionary/tax%20bond
Limited-tax general obligation bond. 1  A general obligation bond of a government backed by specified or constrained revenue sources. 2  A municipal bond with two distinguishing features. First, as a general obligation bond, it is secured by all revenues the issuing municipality generates that are not otherwise secured.
http://financial-dictionary.thefreedictionary.com/limited-tax+general+obligation+bond
Although a limited-tax general obligation bond is considered a general obligation of the issuer, because of the limited taxing power, this bond is somewhat more risky than a general obligation bond secured by full taxing power.
http://financial-dictionary.thefreedictionary.com/limited-tax+general+obligation+bond
General obligation bond. A general obligation bond is a common type of municipal bond in the United States that is secured by a state or local government's pledge to use legally available resources, including tax revenues, to repay bond holders.
https://en.wikipedia.org/wiki/General_obligation_bond
limited-tax general obligation bond. A municipal bond that is secured by some limited taxing power of the issuer. For example, a bond may be secured by a municipality's property tax subject to a maximum rate at which the tax may be levied.
http://financial-dictionary.thefreedictionary.com/limited-tax+general+obligation+bond
limited tax bond. Definition. Municipality bond that, like a general obligation bond, is backed by the full faith of the government issuer but, unlike an unlimited tax bond, is secured only by a certain percentage of revenue from a specific tax or group of taxes. Most Viewed.
http://www.investorwords.com/7379/limited_tax_bond.html
Join MWU now and get access to America’s largest dictionary, with: 1  300,000 words that aren't in our free dictionary. 2  Expanded definitions, etymologies, and usage notes. 3  Advanced search features.  Ad free!
https://www.merriam-webster.com/dictionary/tax%20bond
NAME SCHEDULE BOND, LIMITED LIABILITY LIMITED PARTNERSHIP (LLLP), SPECIAL PURPOSE BOND, CALLABLE BOND, NAME POSITION BOND, EX LEGAL BOND, GENERAL OBLIGATION BOND, LIMITED AGENT, LIMITED OCCUPANCY AGREEMENT, LIMITED DISTRIBUTION.
http://thelawdictionary.org/limited-tax-bond/
limited tax bond define
The definition of limited tax bond is a municipality bond that, like a general obligation bond, is backed by the full faith of the government issuer but, unlike an unlimited tax bond, is secured only by a certain percentage of revenue from a specific tax or group of taxes.   Limited tax bond is defined as municipality bond that, like a general obligation bond, is backed by the full faith of the government issuer but, unlike an unlimited tax bond, is secured only by a certain percentage of revenue from a specific tax or group of taxes.