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| mu·nic·i·pal [ myoo níssəp'l ] |
adjective |
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of municipality: relating to a town, city, or region that has its own local government
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noun (plural mu·nic·i·pals) |
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| Definition: |
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finance
Same as municipal bond
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| [Mid-16th century. Directly or via French< Latin municipalis< municip- "holder of a civic office" < munus "gift, service, duty" + capere "take"] |
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  mu·nic·i·pal·ly adverb |
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