Airport Revenue Bond

Business, Legal & Accounting Glossary

Definition: Airport Revenue Bond

Airport Revenue Bond

Full Definition of Airport Revenue Bond

A tax-exempt bond issued by a city, state, country, or airport authority, which is guaranteed based on general revenues of the airport or leasing payments made by an airline to rent a facility. These types of bonds are issued when the airport is seeking money to fund an expansion or help maintain current operations. Payment for airport revenue bonds may also be contingent on the well-being of privately held companies. This type of backing poses a risk for investors because if the company runs into financial hardships, the investors may not be able to recoup funds invested.

Cite Term

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Modern Language Association (MLA):
Airport Revenue Bond. Payroll & Accounting Heaven Ltd.
December 02, 2021
Chicago Manual of Style (CMS):
Airport Revenue Bond. Payroll & Accounting Heaven Ltd. (accessed: December 02, 2021).
American Psychological Association (APA):
Airport Revenue Bond. Retrieved December 02, 2021
, from website:

Definition Sources

Definitions for Airport Revenue Bond are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.