🔤 Municipals ✨
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URDU
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Roman Urdu:
municipal bonds, baladiya ke bonds, local government ke bonds
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ENGLISH
📚noun
municipals
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PRONUNCIATION
Standard: /mjuːˈnɪsɪpəlz/
Phonetic: /myoo-NIS-uh-puhlz/
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DEFINITION
municipal bonds issued by local governments
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EXAMPLE SENTENCES
The investor preferred municipals because they offered tax-free interest income.
Municipals are often used to fund public projects like roads and schools.
The financial advisor recommended adding municipals to the diversified portfolio.
Yields on municipals tend to be lower than those on corporate bonds.
Many retirees invest in municipals to reduce their annual tax burden.
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SYNONYMS
municipal bonds
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