local bonds

USAGE SUMMARY

The phrase "local bonds" is correct and usable in written English.
It can be used to refer to financial instruments issued by local governments or municipalities, often used in discussions about community financing or investment. Example: "Investing in local bonds can help support community projects and infrastructure development."

✓ Grammatically correct

Academia

Formal & Business

News & Media

Science

Encyclopedias

Wiki

Human-verified examples from authoritative sources

Exact Expressions

41 human-written examples

One experiment is the issuance of local bonds to replace these loans.

The Economist

Los Angeles pioneered the concept of passing local bonds to build scores of early learning centers, say researchers.

University of California, Berkeley

A family knew they would stay near their jobs and schools, make local bonds and join lasting communities.

The Guardian - Opinion

Writers at that Web site, and at the temperamentally aligned Front Porch Republic, treasure tight communities and local bonds.

The New York Times

In June, 11 Asian countries set up a $1 billion Asian Bond Fund that will invest in local bonds.

The Economist

Researchers at the University of California, Berkeley, examined the district's unprecedented school building program, financed by $19.5 billion in voter-approved state and local bonds.

University of California, Berkeley

Human-verified similar examples from authoritative sources

Similar Expressions

19 human-written examples

Various experimental studies in the literature have reported that the local bond slip profiles for fibre reinforced polymer (FRP /concrete joints subjected to direct shear loading and the associated local bond strength values vary along the bonded length.

Engineering Structures

The local bond failure leads to the highly localized loss of material.

Materials Theory

The local bond-slip stiffness distributed nonuniformly along the bonded length confirming the differences among the local bond-slip relationships at different locations again.

Construction and Building Materials

Local bond markets, however, do not develop by themselves.

The Guardian

Several states exercise review over local bond issues.

Britannica

Expert writing Tips

Best practice

When discussing investments, specify the type of "local bonds" (e.g., general obligation bonds, revenue bonds) to provide clarity to the reader.

Common error

Avoid using "local bonds" interchangeably with corporate bonds. "Local bonds" are issued by municipalities, while corporate bonds are issued by companies. The credit risk and tax implications differ significantly.

Linguistic Context

The phrase "local bonds" primarily functions as a noun phrase, referring to debt securities issued by local governments. As Ludwig AI suggests, these are financial instruments used for funding public projects. The examples illustrate their use in various financial and governmental contexts.

Expression frequency: Very common

Frequent in

News & Media

38%

Academia

21%

Science

16%

Less common in

Formal & Business

8%

Wiki

8%

Encyclopedias

8%

Ludwig's WRAP-UP

The term "local bonds" is a common and grammatically sound phrase referring to debt securities issued by local governments to finance public projects. As highlighted by Ludwig AI, it is used across various contexts, including news, academia, and finance. While often interchangeable with "municipal bonds", it is important to distinguish them from corporate bonds. When using the term, specifying the type of "local bonds" and understanding their tax implications can enhance clarity and precision.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

municipal bonds

Refers specifically to debt securities issued by states, cities, or counties to finance public projects.

community bonds

Emphasizes the community-focused aspect of the bonds, highlighting their role in local development.

regional bonds

Broader term that encompasses bonds issued by regional entities, not just local ones.

state and local government bonds

More formal and explicit way of referring to bonds issued by state and local entities.

municipal debt

Focuses on the debt aspect of local financing rather than the specific instrument.

local authority bonds

Commonly used in the UK and other countries to refer to bonds issued by local governments.

local government securities

A more general term for debt instruments issued by local governments.

district bonds

Specifically refers to bonds issued by special districts or local improvement districts.

tax-exempt municipal securities

Highlights the tax-advantaged status of many municipal bonds.

infrastructure bonds

Highlights the purpose of bonds, which is usually the infrastructure improvement.

FAQs

What are "local bonds" used for?

"Local bonds" are typically used to finance public projects such as schools, roads, hospitals, and other infrastructure improvements.

What's the difference between "local bonds" and "municipal bonds"?

The terms "local bonds" and "municipal bonds" are often used interchangeably. "Municipal bonds" is a broader term that includes all bonds issued by states, cities, and other local government entities.

Are "local bonds" a safe investment?

The safety of "local bonds" depends on the financial stability of the issuing municipality. Generally, bonds from well-managed cities and states are considered relatively safe, but it's essential to assess the creditworthiness of the issuer before investing.

How are "local bonds" taxed?

Interest earned on "local bonds" is often exempt from federal income tax and may also be exempt from state and local taxes, depending on where the investor lives and where the bond was issued. Consult a tax advisor for specific advice.