Revenue Anticipation Note Meaning & Definition

Trusted Experts

For more than 25 years we’ve helped students pass over 250,000 exams and we’ve done so with  industry leading pass rates!

Guaranteed to pass

Pass  our Greenlight guaranteed practice exam & we guarantee you’ll pass your exam – or your money back!*

Live chat & Phone Support

We’re with you every step of the way, from the time you purchase until the time you pass our trusted experts are here to answer all of your questions!

Definition of Revenue Anticipation Note

Revenue Anticipation Note is a short-term municipal issue that is sold to manage an issuer’s cash flow in anticipation of other revenue in the future.

Applying "Revenue Anticipation Note" to Securities Exams:

Municipalities often experience seasonality in their cash flows and revenue collections. In an effort to smooth out cash flow to meet their cash requirements municipalitiesm will sell revenue anticipation notes