See Also: Moral obligation bond(finance)
Moral obligation bond(money)
MORAL OBLIGATION(law)
Obligation bond(finance)
Obligation bond(money)
General obligation bond(finance)
Collateralized Bond Obligation (CBO)(money)
General Obligation Bond(money)
Limited tax general obligation bond(finance)
Limited-tax general obligation bond(money)

Moral obligation bond (money)


Definition: [crh] A tax-exempt bond issued by a municipality or a state financiaDefinition: l intermediary that is backed by the moral, but not legal, obligation of a state government to appropriate funds in case of default .