Press Release from the Office of Justin P. Wilson, Tennessee Comptroller of the Treasury, April 2, 2019:
The Tennessee Comptroller’s Office is making it easier to understand the technical terms and jargon of public finance with its new glossary entitled Defining Tennessee Finance: A Glossary of Public Finance.
The Comptroller’s Office has many responsibilities related to Tennessee’s public finances including managing the state’s debt programs and working to maintain and monitor the financial health of state and local government entities.
This glossary will be a useful tool for government leaders, policymakers, government employees, and Tennessee citizens who are interested in learning more about Tennessee’s finances and understanding many commonly-used terms.
The glossary contains more than 180 entries covering many areas related to public finance. Sample terms include:
- Balloon Indebtedness
- Municipal Bond
- Negotiated Sale
- Commercial Paper
- Investment Grade
- Par Value
“Tennessee is nationally recognized for its financial health and stability,” said Comptroller Justin P. Wilson. “We are grateful that our state’s leaders remain committed to fiscal integrity, and we hope this glossary provides them with an easy-to-use reference.”
The Public Finance Glossary can be found online by clicking here.
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