Definition of Special assessment bond

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TeachMeFinance.com - explain Special assessment bond




historic definition...

Special assessment bond -- One of an issue of municipal bonds payable, principal and interest, from special taxes levied upon particular property for an improvement from which this property derives special benefit.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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