What Is a Bond Referendum?


A Bond Referendum is a way to borrow money to fund capital projects and it normally requires voter approval. The vote is taken by the general public and it is usually done to approve or to reject. Bond referendum also covers security provisions such as retention systems.
Q&A Related to "What Is a Bond Referendum"
The terms "referendum" and "initiative" are often used interchangeably. According to the Initiative & Referendum Institute at the University of Southern California
A referendum is a process that allows citizens to approve or reject a law passed by a legislature. See the Related Links below for the answer.
Not a lot. It's more of a technical difference rather than a practical one and it seems to vary from country to country. A referendum is a public vote on a specific subject, while
The quick answer to this question is that a stripped bond is a bond that has had its main components broken up into a zero-coupon bond and a series of. coupons. To help explain one,
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