Reimbursement
Use of bond proceeds to pay project costs prior to the issuance of bonds. Reimbursement raises questions related to whether the reimbursement qualifies as an expenditure of tax-exempt bond proceeds for federal income tax purposes.
Bond Basics
Hundreds of Terms and Concepts
Other Terms
The Bond Basics is a one-stop-shop for answers to your various municipal bond questions. This resource is intended to provide certain foundational information to serve as a resource for those beginning their work in the legal aspects of public finance (“Novices”) as well as more experienced professionals who, from time to time, would like to get back to the basics.
- Bond Basics Hub: An alphabetized and searchable glossary of terms with quick definitions at the ready. Check out the glossary of terms below.
- The Handbook: A page-by-page journey to catch “novices” up to speed on what they need to know about the world of bond law. Start here >
New to Bond Law?
Start your journey with the Bond Basics here!
Background and primers on various topics to help you understand the lay of the land.
Core concepts that will likely come up during the transaction.
Considerations on specific areas of law that may intersect with the bond transaction.
Read Cover-to-Cover
Access a PDF print version of the Bond Basics dated April 3, 2023.