Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

what does issue mean here? the city of somerville plans to issue a bond…

Question

what does issue mean here?
the city of somerville plans to issue a bond of more than six million dollars for a variety of infrastructure improvements.
issue verb to supply or distribute in an official way
issue noun a matter of importance or discussion

Explanation:

Brief Explanations

In the context of "issue a bond", "issue" is a verb. A bond is a financial instrument. When a city issues a bond, it is officially supplying or distributing this financial instrument (the bond) to raise money. The second option (noun meaning a matter of importance or discussion) does not fit the context of financial transactions related to bonds.

Answer:

issue verb to supply or distribute in an official way