Meaning & use

bond measure

noun·AdvancedAmericanfinance

Last updated

UK/ˈbɒnd ˌmeʒə/
US/ˈbɑːnd ˌmeʒər/

Meaning

  1. nouncountableAmericanfinance

    A proposal put to voters asking permission for a local government or school district to borrow money for a project by selling bonds.

    Grammar: Countable: voters passed a bond measure; there are two bond measures on the ballot.

    Patterns

    • a bond measure for something
    • vote on a bond measure

    Voters approved a bond measure to rebuild the old elementary school.

    The city put a bond measure on the ballot to fix its roads.

    Opponents say the bond measure will raise property taxes for decades.

Word forms

pluralbond measures

Common combinations

pass a bond measure
The district hopes to pass a bond measure this fall.
vote on a bond measure
Residents will vote on a bond measure next month.
school bond measure
A school bond measure paid for the new gym.
approve a bond measure
Taxpayers approved a bond measure for the library.
bond measure fails
If the bond measure fails, the repairs will be delayed.

Synonyms and how they differ

bond issue
It is the more general term for any sale of bonds, whereas bond measure stresses the public vote.
ballot measure
This covers any question put to voters, not only borrowing money.
referendum
It is a vote on any issue and is not always about money.

Word family

bond noun
a certificate showing money lent to a government or company
bondholder noun
a person who owns a bond
measure noun
a formal proposal or action

Commonly confused: bond measure or bond issue?

bond measure vs bond issue

A bond issue is the sale of bonds itself, while a bond measure is the vote that decides whether it can happen.

Practice

What does a school district ask voters to approve in a bond measure?

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