ONTOLOGY EXPLORER
certificate of obligation
<https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/Bonds/CertificateOfObligation>
プロパティと値
| プロパティ | 値 |
|---|---|
| type | Class |
| label | "certificate of obligation" |
| subClassOf | MunicipalSecurity |
| definition | "municipal security available to governing councils in case of emergency, such as a natural disaster, that needs immediate action without time for voter referendum" |
| abbreviation | "CO" |
| explanatoryNote | "CO's are similar to GO bonds, except that they do not require voter approval before they are issued. The CO's are also guaranteed by the City's taxation power and are counted in the calculation of the tax rate that is needed to support debt payments." |
| explanatoryNote | "For example, when a hurricane destroys the police and emergency services building, there is no time to go through the process of voter referendum. The local council must be able to borrow the money to set up provisional buildings and necessary equipment for police and emergency services so that the community is served in continuity." |
この項目への参照
このグラフ内での参照はありません。