See Also: Bond Buyer's Municipal Bond Index(finance)
Municipal bond(finance)
Municipal Bond(money)
Municipal bond insurance(finance)
Municipal revenue bond(money)
Municipal revenue bond(finance)
Taxable municipal bond(finance)
Municipal bond insurance(money)
Municipal bond fund(money)
Taxable municipal bond(money)

Municipal Bond (money)


Definition: Bond issued by a state, county, or city, on which interest is exempt from federal and state income taxes.

Definition: [crh] State or local governments offer muni bonds or municipals, as they are called, to pay for special projects such as highways or sewers. The interest that investors receive is exempt from some income taxes.