municipal bonds

Cultural  

1. Bonds issued by nonprofit bodies such as cities, public hospitals, and school boards. They bear relatively low interest rates, but accrued interest is exempt from federal income tax.

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Example Sentences

Financial adviser Jeffrey Weinstein has a rich, “extremely conservative” client who only owns municipal bonds.

From The Wall Street Journal • Jun. 15, 2026

Treasury bonds and notes, high-quality AAA-rated corporate bonds and municipal bonds for tax-efficient income.

From MarketWatch • Jun. 2, 2026

Heather Gillers covers pension funds, insurance and municipal bonds for the Wall Street Journal.

From The Wall Street Journal • Feb. 2, 2026

The simplest way to achieve this is to buy municipal bonds.

From Barron's • Nov. 25, 2025

This comprises cases in which the contracts involved were municipal bonds.

From The Constitution of the United States of America: Analysis and Interpretation Annotations of Cases Decided by the Supreme Court of the United States to June 30, 1952 by Corwin, Edward Samuel