Land bonds are financial bonds used in many countries to satisfy, in whole or in part, the compensation payable by the government for compulsory acquisition of any land from private landowners. Land bonds are normally issued under the provisions of land bonds act of a state government or the central government.
Land bonds are financial bonds used in many countries to satisfy, in whole or in part, the compensation payable by the government for compulsory acquisition of any land from private landowners. Land bonds are normally issued under the provisions of land bonds act of a state government or the central government.
Source: Wikipedia "Land bonds" · CC BY-SA 4.0
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