Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “municipal bond”

municipal bond

a bond that is sold by a town or city government in the US: You don't need to pay a commission when buying or selling a municipal bond .
(Definition of municipal bond noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of municipal bond

More Business English definitions for “municipal bond”

Word of the Day


to mix eggs with a little milk and mix again as they are being fried

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More