bond-basics

Gross Proceeds

Includes sale proceeds, investment proceeds, transferred proceeds (which, together with sale and investment proceeds equal the “proceeds” of the Bonds) and replacement proceeds, all of which are defined in the Code.

See Also

Code (Internal Revenue)

The Internal Revenue Code of 1986, as amended and in effect on the date of issuance of the bonds.

Hudson Yards Rail Yards

Start with the Bond Basics

Term of the Week

Pre-Closing

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