a mutual fund that invests in municipal bonds.
noun 1. a city, town, village, etc., that operates under a corporate charter granted by the state.
noun 1. a court whose jurisdiction is confined to a city or municipality, with criminal jurisdiction usually corresponding to that of a police court and civil jurisdiction over small causes.
[myoo-nis-uh-puh-liz-uh m] /myuˈnɪs ə pəˌlɪz əm/ noun 1. the principle or system of home rule by a municipality. 2. advocacy of such a principle or system.
[myoo-nis-uh-pal-i-tee] /myuˌnɪs əˈpæl ɪ ti/ noun, plural municipalities. 1. a city, town, or other district possessing corporate existence and usually its own local government. 2. a community under jurisdiction. 3. the governing body of such a district or community. /mjuːˌnɪsɪˈpælɪtɪ/ noun (pl) -ties 1. a city, town, or district enjoying some degree of local self-government […]