What does "municipal" mean?
A financial instrument issued by a municipality.
adj, noun ·Common ·High school level
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"“This might be the last great opportunity for preretirement baby boomers to buy municipals at such attractive levels,” said Janet Fiorenza, head of municipal fixed income at Lehman Brothers Asset Management."
"More than 100 provincial and municipal firefighters were brought in, with helicopters and aircraft used to drop water and fire retardant, while bulldozers were digging firebreaks."
"The municipal council all but ignored the gravity of the pollution."
A financial instrument issued by a municipality.
Common synonyms include: albany, bellingham, bloomsburg, borough, burghal, capital.
The municipal council all but ignored the gravity of the pollution.
Pronounced /mjuˈnɪsɪpəl/.
Borrowed from French municipal, from Latin mūnicipālis (“of or belonging to a citizen or a free town”), from mūniceps (“a citizen, an inhabitant of a free town”), from mūnus (“duty”) + capiō (“to take”).