Bonds, typically issued by electric utilities to finance power plants, where payments are made from an assigned lease. Some SLOBS are additionally secured by a lien on the facility.
Secured Lease Obligation Bond (SLOB)
| Financial & Investment Dictionary: Secured Lease Obligation Bond (SLOB) |
| 5min Related Video: Secured Lease Obligation Bond (SLOB) |
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 | Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
