CAPITAL RATIONING Definition

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CAPITAL RATIONING is restrictions put of the amount planned for new expenditures.

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CORPORATION is a type of business organization chartered by a state and given many of the legal rights as a separate entity.

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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