See Also: Mutual exclusion doctrine(money)
Mutual exclusion doctrine(finance)
Annual Exclusion (or Annual Per Grantee Gift Tax Exclusion)(law)
Tight money or dear money(finance)
exclusion(dictionary)
doctrine(dictionary)
Doctrine(medicine)
Exclusion(medicine)
doctrine(dictionary)
exclusion(dictionary)

Mutual exclusion doctrine (money)


Definition: [crh] The doctrine that ruled that municipal bond interest is federal tax-free. In return for this federal tax exemption, states and localities cannot tax interest generated by federal government securities.