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municipal

mu·nic·i·pal [ myoo níssəp'l ]


adjective 
Definition:
 
of municipality: relating to a town, city, or region that has its own local government



noun  (plural mu·nic·i·pals)
Definition:
 
finance 
Same as  municipal bond


[Mid-16th century. Directly or via French< Latin municipalis< municip- "holder of a civic office" < munus "gift, service, duty" + capere "take"]

mu·nic·i·pal·ly adverb
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