• Definition for "municipal bond"
    • an usually tax-exempt relationship released by a city,…
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  • Hyponym for "municipal bond"
  • Hypernym for "municipal bond"

municipal bond definition

  • noun:
    • an usually tax-exempt relationship released by a city, county, state, or other federal government when it comes to financing of general public jobs.
    • a bond given by a situation or local government
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