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Land bonds
Land bonds are financial bonds used in many countries to satisfy, in whole or in part, the compensation payable by the government for compulsory acquisition of any land from private landowners. ==Purpose== Land bonds are normally issued under the provisions of land bonds act of a state government or the central government. The bonds define the terms and conditions for the issuance of the bonds, negotiability of such bonds, principal amount per bond, payment of interest, ability to trade the bonds in open market, tax exemptions granted if any, and redemption of such bonds.
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Land bonds」の詳細全文を読む
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