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municipal bond

American

noun

a bond issued by a state, county, city, or town, or by a state authority or agency to finance projects.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Taxable bond funds rose 6.5%, while municipal bond funds returned 3.7%.

From Barron's • Feb. 26, 2026

Plus, some of the money to repay the bonds might end up coming out of the city’s general coffers, said Howard Cure, director of municipal bond research at Evercore.

From The Wall Street Journal • Nov. 5, 2025

By the 1980s, the financial collapse of the nuclear program resulted in what was then the largest municipal bond default in history, and some salmon stocks neared extinction.

From Seattle Times • Mar. 29, 2024

There were lots of reasons, but one of them, Schleicher argues, was its broken municipal bond market.

From Slate • Jun. 5, 2023

Better buy a good thousand-dollar municipal bond, Matt.

From Cappy Ricks Or, the Subjugation of Matt Peasley by Kyne, Peter B. (Peter Bernard)

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023