Public finance

"Public finance" (government finance) is the field of economics that deals with budgeting the revenues and expenditures of a public sector entity, usually government. Governments, like any other legal entity, can take out loans, issue bonds and invest. Based on the taxing authority of the entity, they issue bonds such as tax increment bonds or revenue bonds. A bond issued by a public sector entity may give tax advantages to its owners.

Related Topics:
Economics - Budget - Revenue - Expenditure - Public sector - Loan - Bond - Invest - Taxing authority - Tax increment bond - Revenue bond

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