Used especially in finance to refer to a municipal bond; occasionally to a local government employee.
Translations
obligation municipaleSens financier : titre de dette émis par une collectivité locale. Tax-exempt municipals have become popular with income-oriented investors.
Les obligations municipales exonérées d’impôt sont devenues populaires auprès des investisseurs en quête de revenus.
Definitions
A bond issued by a city, town, or other local government entity. Tax-exempt municipals have become popular with income-oriented investors.