Industrial Revenue Bonds—IRBs,
Definition of Industrial Revenue Bonds—IRBs:
You can define Industrial Revenue Bonds—IRBs as, Industrial income bonds (IRBs) are municipal bonds issued by government agencies to private companies to buy or purchase factories or other heavy equipment.
- An Industrial Income Bond (IRB) is a type of municipal bond issued by a state or local government to a private company for a specific project.
- IRBs are different types of income securities, mainly private activity securities.
- The IRB raises funds for the development of manufacturing facilities or equipment that will benefit the entire community. The proceeds from the project will be paid to the bondholders.
- Like other funds, the IRB generates non-taxable interest income.
Literal Meanings of Industrial Revenue Bonds—IRBs
Meanings of Industrial:
Industries related to or created by them.
Too big in size or quantity.
It refers to, or indicates, a kind of heavy, uncompromising rock music that has a sound similar to that produced by industrial machines.
Investment in industrial companies
Sentences of Industrial
We experience tax evasion on an industrial scale.
Strong industrial dance music.
Synonyms of Industrial
business, manufacturing, trade, factory, commercial
Meanings of Revenue:
Revenue, especially if it is organizational and substantial.
Sentences of Revenue
Dealers have lost 10,000 in sales since the project began.
Synonyms of Revenue
income, return, earnings, yield, profit, bunce, gain, profits, proceeds, returns, takings, receipts, rewards, interest
Meanings of Bonds:
Relationships between people or groups based on shared feelings, interests or experiences.
The contact between two surfaces or objects that come together, mainly through glue, heat or pressure.
According to the power of law
The pattern in which the bricks are placed to ensure the strength of the resulting structure.
Attach or glue something else tightly, especially using adhesive, heat or pressure.
Bonded or linked by chemical bonds.
Place the (bricks) in an overlapping pattern to form a solid structure.
In customs (taxable goods)
Sentences of Bonds
There is a relationship of understanding between them.
There is no effective contact between concrete and steel.
Link in English
Press the components to join the layers.
Neutral molecules attached to the central atom.
Assets may need to be sold or consolidated to provide liquidity to pay this tax.
Synonyms of Bonds
coalition, covenant, gum, fuse, assurance, friendship, accord, obligation, pact, affix, deal, commitment, avowal, fellowship, contract, word, nexus, relationship, agreement, bail, concordat, bargain, guarantee