muni
4
9.3
- noun
- /ˈmjuːni/
- Jargon
:
bono municipal
- Investing in a muni bond can be a smart choice for individuals seeking tax-free income.
- muni bond
- muni fund
- muni bond investors
Examples
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State debt is a relatively small part of the $3.7 trillion muni market.
Blog text (21) -
So income is everything else, including tax-exempt income from muni bonds, and we mean everything.
Blog text (33) -
Pretty clear that the Fed is in the state and muni bond market as well.
Blog text (21) -
Have you been hearing the warnings about the muni and state bonds?
Blog text (19) -
By the way, higher taxes increase the value of muni bonds, although I doubt that it is their objective.
Blog text (14) -
The short-term muni bond funds vary little in price and pay a much smaller monthly amount.
Blog text (11) -
Mounting pension shortfalls and high debt are increasing the risk for state muni-bond investors.
Blog text (21) -
Her comments sparked a monthlong muni selloff, with investors yanking $4 billion out of the market through mid-January.
Blog text (6) -
In 2010, the muni market was rattled when analyst Meredith Whitney predicted widespread defaults; that never happened.
Blog text (21) -
Many retirees prefer muni bonds because the interest is often exempt from federal taxes.
Synonyms
10
4.4
A loan a city or state sells to pay for public projects, often free from federal taxes
Surface Forms
Etymology
Muni is short for municipal or municipality, words that mean 'city' or 'town'. Because a municipal bond is money a city borrows, investors call that bond a muni, so a muni is a bond issued by a local government.