MUNICIPAL BOND Definition

Bookmark and Share

MUNICIPAL BOND is the general category of securities issued by public entities. Interest income received by investors is usually exempt from federal income taxes.

Learn new Accounting Terms

FCIA (FOREIGN CREDIT INSURANCE ACT) is an EximBank program that offers credit insurance against losses due to political conflict or buyer default.

AISG is Accountants International Study Group.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.