certificates of participation

USAGE SUMMARY

The phrase "certificates of participation" is correct and usable in written English.
It can be used in contexts where you are referring to documents that acknowledge an individual's participation in an event, program, or activity. Example: "All attendees will receive certificates of participation at the end of the workshop."

✓ Grammatically correct

News & Media

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Colorado, $146.8 million of certificates of participation.

The New York Times

Baltimore, $66.7 million of certificates of participation.

The New York Times

WEDNESDAY Ohio, $56.7 million of certificates of participation.

The New York Times

Duval County, Fla., Schools, $142.6 million of certificates of participation.

The New York Times

Rhode Island certificates of participation, $58 million of debt securities.

The New York Times

University of Arizona, $75 million of certificates of participation.

The New York Times

County of Riverside, California, $111 million of certificates of participation.

The New York Times

Pima County, Ariz., $50 million of certificates of participation.

The New York Times

North Carolina Infrastructure, $160 million of certificates of participation.

The New York Times

Penta Career Center, Ohio, $65 million of certificates of participation.

The New York Times

Orange County, Fla., $112 million of certificates of participation.

The New York Times

Expert writing Tips

Best practice

When discussing municipal finance, use "certificates of participation" to accurately describe debt instruments that represent a share in a lease or loan agreement, rather than a direct debt obligation of the issuer.

Common error

Avoid using "certificates of participation" interchangeably with general obligation bonds. COPs are secured by a revenue stream or asset lease, whereas general obligation bonds are backed by the full faith and credit of the issuer.

Linguistic Context

The phrase "certificates of participation" functions primarily as a noun phrase, identifying a specific type of financial instrument. As Ludwig AI confirms, it denotes securities representing a share in a lease or loan agreement, often used in municipal finance.

Expression frequency: Very common

Frequent in

News & Media

100%

Less common in

Science

0%

Formal & Business

0%

Unknown/unmatched sources

0%

Ludwig's WRAP-UP

In summary, the phrase "certificates of participation" is a grammatically correct and very common noun phrase used to describe specific types of municipal securities, according to Ludwig AI. It is primarily used in news and media, particularly in the context of financial reporting. The phrase refers to securities representing a share in a lease, loan or revenue stream. To ensure accurate communication, it is crucial to differentiate "certificates of participation" from general obligation bonds. As evidenced by the numerous examples, this phrase is an important part of financial lexicon.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

participation certificates

Reorders the words while retaining the original meaning.

participation bonds

Substitutes "certificates" with "bonds", focusing on the financial aspect.

revenue anticipation notes

Refers to a specific type of short-term debt instrument issued by a municipality.

municipal securities

Highlights the link to municipal finance.

lease revenue bonds

Specifies the underlying revenue source that secures the bonds.

debt participation agreements

Focuses on the agreement aspect of participating in debt.

municipal bonds

Refers to bonds issued by cities or other local governments.

tax-exempt securities

Emphasizes the tax benefits associated with such investments.

governmental financing instruments

More general term to describe the same concept.

public finance obligations

Highlights the obligations tied to public financing.

FAQs

What exactly are "certificates of participation"?

"Certificates of participation" are a type of municipal security representing a share in a lease, loan, or revenue stream related to a project or asset. They are not direct debt obligations of the issuer.

How do "certificates of participation" differ from general obligation bonds?

"Certificates of participation" are typically secured by a specific revenue stream or lease agreement, while general obligation bonds are backed by the full taxing power of the issuing government.

In what situations would I use the term "municipal bonds" instead of "certificates of participation"?

Use "municipal bonds" as a broader term to describe debt securities issued by state and local governments. Use "certificates of participation" when specifically referring to those secured by lease payments or revenue streams, not by the government's general obligation.

What are some other types of "municipal securities" besides "certificates of participation"?

Besides "certificates of participation", other "municipal securities" include general obligation bonds, revenue bonds, and tax anticipation notes.