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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebMunicipal BondA municipal bond is a type of debt instrument issued by a municipality, typically a city or a local government, to raise funds for various public projects and infrastructure developments. These bonds are typically exempt from certain taxes and are considered safe investments. Senses:Sense 1:Noun: A financial instrument issued by a municipality to raise funds for public projects. "Investing in municipal bonds provides individuals with a safe and tax-advantaged way to support local developments." Sense 2:Adjective: Pertaining to the municipal bonds or the local government. "The municipal bond market has seen steady growth in recent years." Related Products: | ||||
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