municipals
Local government securities
Municipals are bonds issued by state or local governments to fund public projects like roads, schools, or utilities.
The term is investment shorthand: Her portfolio is heavy on municipals.
Interest on municipals is typically exempt from federal income tax, making them attractive to investors in higher tax brackets.
Advisory deliberative group
- mayorElected head of municipality
- ordinanceOfficial government regulation
- charterFounding organizational document
- assemblyConstructing from components
administration · governance · policy · alderman · commissioner · selectmen · city hall · clerk
Structures spanning obstacles
- roadsPaved paths for vehicles
- sewersUnderground waste conduits
- pipelinesTubes for transporting fluids
- aqueductsChannels conveying water distances
water supply · electrical grid · storm drains · treatment plants · reservoirs · public works · culverts · levees
Cleanliness for public health
- recyclingReprocessing used materials
- wasteUnwanted discarded material
- waterClear essential liquid
- sewageLiquid refuse in drains
utilities · streetlights · parks · libraries · firefighting · policing · snow removal · animal control
County's smaller division
- boroughAdministrative town or district
- wardProtected person; division
- districtBounded administrative area
- precinctAdministrative jurisdiction zone
parish · village · county · city limits · incorporated · unincorporated · annexed · boundaries
Tradeable financial assets
- yieldsGives forth results
- tax-exemptFree from taxation
- couponCertificate for reduced price
- maturityFull growth achieved
issuance · underwriting · interest · portfolio · investment · ratings · default · credit
council
Advisory deliberative group
- mayorElected head of municipality
- ordinanceOfficial government regulation
- charterFounding organizational document
assembly · administration · governance · policy · alderman · commissioner · selectmen · city hall · clerk · treasurer
bridges
Structures spanning obstacles
aqueducts · water supply · electrical grid · storm drains · treatment plants · reservoirs · public works · culverts · levees · streetcar lines
sanitation
Cleanliness for public health
sewage · utilities · streetlights · parks · libraries · firefighting · policing · snow removal · animal control · maintenance
township
County's smaller division
- boroughAdministrative town or district
- wardProtected person; division
- districtBounded administrative area
precinct · parish · village · county · city limits · incorporated · unincorporated · annexed · boundaries · zone
securities
Tradeable financial assets
- yieldsGives forth results
- tax-exemptFree from taxation
- couponCertificate for reduced price
maturity · issuance · underwriting · interest · portfolio · investment · ratings · default · credit · debt
municipalscorporates
Large commercial enterprises
corporate bonds · federal bonds · treasuries · corporate debt · government bonds
- municipal taxesCharges from local government
- municipal councilsLocal government assemblies
- municipal librariesGovernment-run community book centers
- municipal waterGovernment-provided tap supply
- municipal courtLocal government's judicial body
- municipal electionsVoting for city officials
municipal, municipality, municipalities, municipalize, municipally