The improved bond rating helps taxpayers because it allows the county to borrow money to fund capital projects at a lower cost. (rocklandtimes.com)
Corporate bonds are debt obligations issued by corporations to fund capital improvements, expansions, debt refinancing, or acquisitions. (fidelity.com)
In particular, the company's strong operating cash flow means it ought to have less need for additional debt and equity to fund its capital spending requirements. (valueline.com)