municipal bond

English - English

Definition of municipal bond in English English dictionary

a bond issued by a state or local government

An often tax-exempt bond issued by a city, county, state, or other government for the financing of public projects

{i} tax free bond issued by a local government or state

Hyphenation

mu·nic·i·pal bond

Turkish pronunciation

myunîsıpıl bänd

Pronunciation

/myo͞oˈnəsəpəl ˈbänd/ /mjuːˈnɪsəpəl ˈbɑːnd/