Taxable Bond
A bond, the interest on which is not excludable from gross income for federal income tax purposes.
bond-basics
Tax Credit Bond
A Taxable Bond that provides a tax credit to the holder in lieu of tax-exempt interest.
See Also
Tax-Advantaged Bonds
Includes tax-exempt bonds, tax credit bonds and direct pay bonds.
Start with the Bond Basics
Term of the Week
Securities Act of 1933
Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.