adj.

1. 1. Of, relating to, or typical of a municipality.
   2. Having local self-government.
   3. Issued on the authority of a local or state government.
2. Of or relating to the internal affairs of a nation.

n.

A municipal bond: invested in tax-free municipals.

[Latin mūnicipālis, from mūnicipium, town, from mūniceps, citizen : mūnus, public office, duty + capere, to take.]

municipally mu·nic'i·pal·ly adv.

The difference in yields between a municipal bond and a Treasury bond with the same time to maturity. The MOB is sometimes used for determining tax strategies.

Investopedia Says:
Most MOB spread calculations actually use the yield implicit in futures prices for munis and Treasuries listed on the Chicago Board of Trade. The MOB spread is essentially a comparison of the interest rate spread between federal government debt (Treasuries) and state/municipal debt (municipal bonds).

Related Links:
Find out how to determine whether the tax exemption offered by "munis" benefits you. Weighing The Tax Benefits Of Municipal Securities
Learn the complex concepts and calculations for trading bonds including bond pricing, yield, term structure of interest rates and duration. Advanced Bond Concepts
Investing in bonds - What are they, and do they belong in your portfolio? Bond Basics Tutorial

adjective

Of, in, or belonging to a city: city, metropolitan, urban. See urban/rural.

adj

Definition: concerning cities
Antonyms: country, rural, suburban

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This entry contains information applicable to United States law only.

In its narrower and more common sense, pertaining to a local governmental unit, commonly a city or town. In its broader sense, pertaining to the public or governmental affairs of a state, nation, or of a people. Relating to a state or nation, particularly when considered as an entity independent of other states or nations.

Dansk (Danish)
adj. - kommune-, kommunal-, by-, stads-
n. - kommune

idioms:

• municipal administration    kommunalt styre

Nederlands (Dutch)
gemeente-, gemeentelijk

Français (French)
adj. - municipal
n. - emprunts de ville

idioms:

• municipal administration    autorités municipales

Deutsch (German)
adj. - Gemeinde...
n. - städtische Anleihen, Kommunalobligationen

idioms:

• municipal administration    städtische Behörde

Ελληνική (Greek)
adj. - δημοτικός, δημαρχιακός

idioms:

• municipal administration    δημοτική αρχή

Italiano (Italian)
municipale

Português (Portuguese)
adj. - municipal

Русский (Russian)
муниципальный, самоуправляющийся, относящийся к внутренним делам, ценные бумаги, выпускаемые муниципалитетом

Español (Spanish)
adj. - municipal, comunal
n. - municipio

idioms:

• municipal administration    administración local

Svenska (Swedish)
adj. - kommunal, stads-

中文（简体） (Chinese (Simplified))
市政的, 内政的, 自治区的, 城市, 市, 内政

idioms:

• municipal administration    市政府

中文（繁體） (Chinese (Traditional))
adj. - 市政的, 內政的, 自治區的
n. - 城市, 市, 內政

idioms:

• municipal administration    市政府

한국어 (Korean)
adj. - 시의, 내정의
n. - 시의, 내정

日本語 (Japanese)
adj. - 市の, 市営の, 地方自治の, 市政の

idioms:

• municipal administration    都市行政

العربيه (Arabic)
‏(صفه) بلدي متعلق بالبلديه‏

עברית (Hebrew)
adj. - ‮עירוני, של עיר‬
n. - ‮ברית ערים תאומות‬

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municipal	municipal court