ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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REVENUE BONDS Definition
REVENUE BONDS are a type of municipal bond where principal and interest are secured by revenues such as charges or rents paid by users of the facility built with the proceeds of the bond issue. Projects financed by revenue bonds include highways, airports, and not-for-profit health care and other facilities.
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UNLIQUIDATED can mean: not liquidated; not exactly ascertained; not adjusted or settled.
ESCHEAT is the reversion of property to the state (government) in the absence of legal heirs or claimants.