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Also available:
World English Dictionary
Dictionnaire Français
special purpose bond
spe·cial pur·pose bond
(
plural
spe·cial pur·pose bonds
)
noun
Definition:
municipal bond beneficial to tax-payers:
a municipal bond for a project that benefits those who are taxed to repay it
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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