Flow of Funds

A term referring to the order of priority of the receipt, deposit, transfer and application of revenues in the funds and accounts created in an Indenture or a Bond Resolution and may also refer to a document prepared by an Underwriter or Municipal Advisor to show the sources and deposits at the Closing.

See Also

Hudson Yards Rail Yards

Start with the Bond Basics

Term of the Week


A meeting of all the parties prior to the closing, often held the day before the closing.