HomeDefinitionsCompareDebt Private purpose bondThe financial definition for Private purpose bond:A municipal bond allowing more than 10% of the proceeds go to private activities. Similar MatchesGoing privateGoing privateWhen publicly owned stock in a firm is ../../finance-glossary/d with complete equity ownership by a private group. The firm is delisted on stock exchanges and can no longer be purchased in the open markets. Private Export Funding Corporation (PEFCO)Private Export Funding Corporation (PEFCO)Company that mobilizes private capital for financing the export of big-ticket items by US firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of US products. Private label pass throughsPrivate label pass throughsRelated: Conventional pass-throughs. Further SuggestionsPrivate letter rulingPrivate limited partnership Private market value (PMV) Private Mortgage Insurance (PMI) Private placement Click to compare definitions of Private purpose bond Click to view definitions beginning pr |