Official Statement

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Definition: Official Statement

Official Statement
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Full Definition of Official Statement

A legal statement which serves as the prospectus for a municipal bond. It is a disclosure of the finances surrounding the issue of the municipal bond, and is prepared by the local or state government and its legal counsel. The official statement indicates how investors in the bonds will be repaid.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/official-statement/
Modern Language Association (MLA):
Official Statement. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 10, 2025 https://payrollheaven.com/define/official-statement/.
Chicago Manual of Style (CMS):
Official Statement. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/official-statement/ (accessed: March 10, 2025).
American Psychological Association (APA):
Official Statement. PayrollHeaven.com. Retrieved March 10, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/official-statement/

Definition Sources

Definitions for Official Statement 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: 16th November, 2021 | 0 Views.