municipal bond
noun
a bond issued by a state, county, city, or town, or by a state authority or agency to finance projects.
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Words nearby municipal bond
muni bond fund, munic., Munich, Munich Pact, municipal, municipal bond, municipal bond fund, municipal bonds, municipal corporation, municipal court, municipalism
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
Example sentences from the Web for municipal bond
Bank of America pays $137 million to settle government claims it rigged the municipal-bond market.
The municipal-bond market would have also been thrown into turmoil.