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Ban
(redirected from Bond anticipation note)

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Wikipedia 0.03 sec.
ban1
Law an official proclamation or public notice, esp of prohibition

ban2
(in feudal England) the summoning of vassals to perform their military obligations

ban
a monetary unit of Romania and Moldova worth one hundredth of a leu

Ban 

in Croatia (until 1921) the title of the viceroy; in Yugoslavia (during the period 1929–41) the title of a governor in charge of a banovina. During the years 1939—41 this term was used for the chief executive of autonomous Croatia.


Ban 

medieval legal term (in Western Europe) signifying, in particular, the right of the head of government to exercise supreme power, such as judicial (as in judicial ban), military (to raise troops and command them, known as military ban), or administrative power in a fortified place (burg ban). In the early Middle Ages, the ban belonged to the king and to responsible state officials; in the period of feudal disintegration, it was transferred to various feudal lords. In Germany, from the tenth century, the creation of so-called regional bans (territory over which one or another ruler held judicial and administrative power) was one of the manifestations of the trend toward formation of territorial principalities.


Ban 

smaller monetary unit of the Socialist Republic of Rumania; equal to 1/100 leu. Coins of 50,25,15,10,5,3, and 1 ban are in circulation.



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76 million in bond anticipation notes, Moody's Investor Services and Standard & Poor's reaffirmed the city's favorable credit ratings.
Intended to streamline and modernize municipal finance, the Revised Municipal Finance Act (Act 34) authorizes the use of several new types of securities, including bond anticipation notes (BANs), grant anticipation notes (GANs), and limited tax general obligation bonds.
Chief credit concerns include added financial exposure resulting from future termination payments in the event the swaption is exercised and the district's ability to access the short-term market to sell the proposed bond anticipation notes upon exercise of the swaption.
 
 
 
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