Utility revenue bond


 

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Utility revenue bond

A municipal bond issued to finance the construction of public utility services. These bonds are repaid from the operating revenues the project produces after the utility is finished.



Utility revenue bond

Similar Matches

Utility function

Utility function

A mathematical expression that assigns a value to all possible choices. In portfolio theory, the utility function expresses the preferences of economic entities with respect to perceived risk and expected return.


Utility function

Utility function

A function that specifies the utility (well being) of a consumer for all combinations goods consumed (and sometimes other considerations). Represents both their welfare and their preferences.


Dixit-Stiglitz utility

Dixit-Stiglitz utility

The Dixit-Stiglitz function used as a utility function.


Marginal utility

Marginal utility

The change in total satisfaction as a result of consuming one additional unit of a specific good or service.


Utility possibility frontier

Utility possibility frontier

In a diagram with levels of individual utility on the axes, a curve showing the maximum attainable levels of utility in a given situation, such as free trade or autarky. Used by Samuelson (1962) to demonstrate the gains from trade.


Further Suggestions

Utility
Quasi-linear utility
Public Utility Holding Company Act of 1935


 
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