serial bond

Noun

(law) Bonds issued in a series by a public entity that are payable at different times.

Japanese Meaning

公的機関などがシリーズで発行し、各債券の償還期限が異なる債券（分割償還債）のこと。

The city issued a serial bond to fund staggered improvements to the water treatment plant over the next decade.

市は今後10年間にわたる水処理施設の段階的な改修のために、逐次償還債を発行した。

Sense（1）

(law) Bonds issued in a series by a public entity that are payable at different times.

serial bonds

（ plural ）