Toll revenue bond

 

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Toll revenue bond

A municipal bond that is repaid with revenues from tolls that are paid by users of the public project built with the bond revenue.



Toll revenue bond

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Internal Revenue Service Restructuring and Reform Act of 1998

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The various statutes and regulations making up federal tax law.


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The change in total revenue as a result of producing one additional unit of output.


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The additional revenue generated by the extra output from employing one more unit of a factor of production. In a competitive industry this equals the marginal value product, but with imperfect competition it is smaller, due to the implied price reduction. Determines factor prices in competitive factor markets.


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