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Related to municipal: Municipal bonds


see towntown,
in the United States. In the New England states the town is the basic unit of local government. The New England town government's unique feature is the town meeting, much praised as a nearly pure form of democracy.
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A political and geographic area within the boundaries of a municipal government; sometimes separate from a larger county.


1. a small town
2. (in the Scottish Highlands and islands) a small crofting community
3. (in the US and Canada) a territorial area, esp a subdivision of a county: often organized as a unit of local government
4. (formerly, in South Africa) a planned urban settlement of Black Africans or Coloured people
5. English history
a. any of the local districts of a large parish, each division containing a village or small town
b. the particular manor or parish itself as a territorial division
c. the inhabitants of a township collectively
References in periodicals archive ?
The term "municipal advisor" includes a person or entity (other than a municipal entity or employee of a municipal entity) that: "(i) provides advice to or on behalf of a municipal entity or obligated person with respect to municipal financial products or the issuance of municipal securities, including advice with respect to the structure, timing, terms and other similar matters concerning such financial products or issues; or (ii) undertakes a solicitation of a municipal entity.
Within two years, hundreds of new municipal power utilities were up and running across the country, and within 20 years, virtually all of rural America had electricity, provided either by rural co-ops or big utilities spurred to action by municipal competition.
Committee members were concerned that a bill prohibiting cities from forming municipal utilities will be reintroduced next week when the state Legislature reconvenes.
Still, how can you choose among the 1,845 municipal bond funds tracked by Chicago-based Morningstar Inc.
Some investors who several years ago bought municipal or corporate bonds sporting juicy, double-digit yields didn't read the fine print: A great many of these issues are callable.
In the merger of Putnam Municipal Bond Fund into Putnam Municipal Opportunities Trust, each common shareholder of Putnam Municipal Bond Fund as of the close of business on February 22, 2008 received common shares of Putnam Municipal Opportunities Trust equal in value to the aggregate net asset value of common shares of Putnam Municipal Bond Fund owned immediately prior to the merger.
For Rice, 41, it's meant building his firm into an operation specializing in municipal interest-rate swaps, one of several types of securities known as derivatives.
The agreement is aimed at improving efficiency of the court by spreading the caseload more evenly among all judges instead of having backlogs in some Superior Court rooms when there are judges available in the Municipal Court.
Certainly in some instances the judges who now handle small claims, traffic cases, preliminary hearings and the other chores now assigned to municipal courts would continue to do the same work - only they would get paid more for it.
The principals were serious players in the high-stakes game of municipal finance, where you paid to play and it paid to know the players, i.
Fifteen judges handle lawsuits filed in the downtown Los Angeles Municipal Court.
Business press articles that have criticized bond dealers for contributing to politicians who, in turn, select their firms as municipal bond underwriters.

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