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.
Kevin Lee is a CFA charterholder and technology finance analyst specializing in cryptocurrency, blockchain technology, and fintech innovation. With an MBA from Stanford and 8 years of experience in both traditional finance and crypto markets, Kevin helps investors understand digital assets and emerging financial technologies. He bridges the gap between traditional investing and the evolving world of decentralized finance.