Home : Terms : Article : Calculators Advertising : Contact us
Home > Terms > Accounting > Bond Funds

Term: Accounting -> Bond Funds
Term:

Bond Funds

Definition:

Funds used to account for the receipt and disbursement of general obligation bond proceeds. These funds do not account for the debt retirement since the liability created by the sale of bonds is not a liability of bond funds. Depending on the provisions of the bond act, either General Fund or a sinking fund pays the principal of, and interest on, the general obligations bonds. The proceeds and debt of bonds related to a public service enterprise are included in the Public Enterprise Fund classification.

Related terms:

Net profit

Budget Act

Useful articles:
»Are You a Value-Able Sales Rep
»Kinder Bosses
»Testing and Tracking Your Marketing Strategies
»Client Management


Marketing calc
Retirement
Borrowing power


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

Featured Articles:
Motivation
Successful people know that nothing ever goes exactly as planned. And no matter how hard you work, sooner or later you must face the reality that you failed. You tried to do something and... [ more... ]
Marketing
Since 1973, I have survived three economic declines (recessions). During that same twenty-seven year period, I watched numerous peers, businesses and salespeople fail, give-up, or struggle through ... [ more... ]
Motivation
Persistence in your presentations, this is one secret to success. After my first presentation, I got up and did it again. Even though I was scared to death, I did it again. And that second one wasn... [ more... ]
  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com