bond issue

bond issue
The entire process of executing and delivering the instruments, known as bonds, and having the effect of obligations of indebtedness of the corporation or public body which issues them, to the purchasers, ho lders, or owners, Vans Agnew v Ft. Myers Drainage Dist. (CA5 Fla) 69 F2d 244; Turner v Roseberry Irrig Dist. 33 Idaho 746, 198 P 465; Joint School Dist. v Dabney, 127 Okla 234, 260 P 486; the aggregate of bonds issued by a corporation or public body under one authorization.

Ballentine's law dictionary. . 1998.

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  • bond issue — n. Raising funds by offering bonds to investors; the bonds issued for that purpose. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

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