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Comptroller’s Office Releases Glossary of Finance Terms

Tuesday, April 02, 2019 | 08:00am

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:

Amortization
Issuer
Balloon Indebtedness
Municipal Bond
Bond
Negotiated Sale
Commercial Paper
Note
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.

Follow the Comptroller’s Office on twitter @TNCOT

Media contact: John Dunn, Public Information Officer, 615.401.7755 or john.dunn@cot.tn.gov

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