bond-basics

Tax Credit Bond

A Taxable Bond that provides a tax credit to the holder in lieu of tax-exempt interest.

See Also

Taxable Bond

A bond, the interest on which is not excludable from gross income for federal income tax purposes.

Hudson Yards Rail Yards

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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.