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What is the Difference between a general obligation bond and revenue bond?
Wiki User
∙ 14y ago
General Obligation bonds are secured by "taxes" primarily, whereas revenue bonds are secured by the "income" from the issuer of that particular bond.
Wiki User
∙ 14y ago
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What is net Interest?
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Difference between net income and revenue?
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what is the difference between revenue center and suport center
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In accounting profit is the difference between what?
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They are synonyms.
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What is the Difference between fiscal deficit and revenue surplus?
Budget for a fiscal year is a statement of revenue and expenditure of the government for the particular year. If the expenditure is more than the revenue for a particular year, then this difference is called the fiscal deficit. If the revenue is more than the expenditure for a particular year then this difference is called the excess revenue.
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They literally mean the same thing.
